28 September 2012 08:21 [Source: ICIS news]
LONDON (ICIS)--An initial European ethylene contract price for October has been agreed at €1,290/tonne ($1,675/tonne), down by €10/tonne from September, a consumer said on Friday.
The counter-party’s confirmation of the agreement was still pending. The contract is agreed on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.77)
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