NewsFlashInitial Europe March ethylene up €50/tonne

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)

By: Nel Weddle
+44 20 8652 3214

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