28 December 2012 11:20 [Source: ICIS news]
LONDON (ICIS)--An initial European January ethylene contract settlement has been agreed at a rollover €1,275/tonne ($1,700/tonne), a key producer said on Thursday.
The contract, on a free delivered (FD) northwest Europe (NWE) basis, was agreed by the producer and one of its customers - an integrated consumer. Confirmation from the buying side is pending.
($1 = €0.75)
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