Europe August ECH contracts increase by €45-50/tonne

07 August 2012 23:59  [Source: ICIS news]

LONDON (ICIS)--European August epichlorohydrin (ECH) contract prices increased by €45-50/tonne ($56-62/tonne) because of higher feedstock propylene costs, sources said on Tuesday.

The August ECH monthly contract price range is assessed at €1,575-1,600/tonne FD (free delivered) NWE (northwest Europe).

Some contracts rolled over because a number of players went on holiday before the August propylene settlement.

ECH sellers are adamant that they will increase prices in September in line with feedstock movements, but buyers were doubtful that this will be possible given weak demand from the downstream epoxy resins sector.

($1 = €0.81)

Follow Janos Gal on Twitter


By: Janos Gal
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index