03 October 2012 10:29 [Source: ICIS news]
The tender comprises four lots of October-loading parcels and three-to-five lots of November shipments, each with 1,500 tonnes of propylene, the source said.
“We sold the cargoes to domestic customers on formula basis,” the source said.
The formula is based on a discount of $25-30/tonne (€19-23/tonne) to monthly spot average prices on a cost and freight (CFR) southeast Asia basis, the source said.
($1 = €0.77)
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