27 March 2013 14:38 [Source: ICIS news]
Correction: In the ICIS story headlined “Initial Europe April ethylene settles down €60/tonne” dated 27 March 2013, please read in the first paragraph … main producer said on Wednesday … instead of … on Tuesday … A corrected story follows.
LONDON (ICIS)--An initial European ethylene contract price for April has been agreed down by €60/tonne at €1,265/tonne, ($1,622/tonne), a main producer said on Wednesday.
The seller said it had agreed with three separate buyers, but confirmation from these was pending at the time of writing.
The contract was agreed on a free delivered (FD) northwest Europe (NWE) basis.
($1 = € 0.78)
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