09 November 2012 23:59 [Source: ICIS news]
The contracts were concluded on a free delivered (FD) northwest Europe (NWE) basis.
Contract prices were concluded at rollovers and minor decreases. One reseller had said it would seek modest hikes.
Price movement did not exceed €10/tonne for any of the monthly accounts that were discussed.
ICIS introduced a monthly contract price assessment in March 2012. Substantial quantities of acetic acid continue to be sold on quarterly contracts.
No changes were heard on the spot market this week, and prices for truck delivery were assessed stable at €500-520/tonne FD NWE.
Spot prices for bulk cargoes continued to be heard in the mid-€400s/tonne FD NWE.
($1 = €0.78)
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.
|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