30 October 2012 09:38 [Source: ICIS news]
LONDON (ICIS)--An initial European propylene contract settlement for November has been agreed at €1,120/tonne ($1,436/tonne), down by €20/tonne from October, a major non-integrated buyer said on Tuesday.
The contract was agreed by the buyer and one of its suppliers. Confirmation from the selling side is pending.
The contract was agreed on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.78)
|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|
Asian Chemical Connections