02 April 2013 23:01 [Source: ICIS news]
HOUSTON (ICIS)--US March ethylene contracts started to settle at a rollover for the second consecutive month, sources said on Tuesday.
Market sources said US March ethylene contracts were settling at 48 cents/lb ($1,058/tonne, €825/tonne).
Some market players had expected a slight increase on higher spot prices throughout the month, as well as more expensive feedstocks.
However, buyers said supply has been healthy and demand is steady at best.
($1 = €0.78)
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