29 January 2013 10:33 [Source: ICIS news]
LONDON (ICIS)--An initial European February propylene contract price has been agreed at €1,100/tonne, up by €10/tonne, largely to reflect tighter supply conditions, market sources said on Tuesday.
Direct confirmation has been received from two major producers and two major consumers – one non-integrated, the other integrated. Confirmation is pending from a second major integrated consumer.
The contract is agreed on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.74)
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