Europe ACN Feb contracts increase €10/tonne on feedstocks
15 February 2013 23:59 [Source: ICIS news]LONDON (ICIS)--European acrylonitrile (ACN) February contracts have finalised at an increase of €10/tonne ($13/tonne), buyers and sellers confirmed.
The increase in the February contract price mirrored the €10/tonne rise in the upstream propylene February contract price.
One producer and buyer agreed a February contract price of plus €5/tonne, but this was seen as an exception by both parties and based on a higher starting point in January.
European ACN February contract prices finalised at €2,060-2,088/tonne FD (free delivered) NWE (northwest Europe).
($1 = €0.75)
By: Mark Victory+44 208 652 3214
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