Initial Europe September toluene settles up $157/tonne

04 September 2012 18:07  [Source: ICIS news]

LONDON (ICIS)--An initial European toluene contract for September was agreed up by €157/tonne at $1,290/tonne (€1,019/tonne), a major producer said on Tuesday.

"Spot levels have increased sharply during August due to limited availability and the September contract price reflect this,” the producer said.

The contract was settled on a free on board (FOB) northwest Europe (NWE) basis.

Further confirmation from other players is pending.

($1 = €0.79)

By: Julia Meehan
+44 20 8652 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