27 February 2013 12:22 [Source: ICIS news]
LONDON (ICIS)--An initial European ethylene contract price for March has been agreed up by €50/tonne at €1,325/tonne ($1,721/tonne), a major consumer said on Wednesday.
The contract, which is settled on a free delivered (FD) northwest European (NWE) basis, was between the major consumer and a major producer. Confirmation from the producer is still pending.
($1 = €0.77)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections