02 July 2013 11:31 [Source: ICIS news]
The July acetone MMA contract price settled at €870/tonne ($1,130/tonne) FD (free delivered) NWE (northwest Europe).
“We have agreed to apply a roll over, thus [acetone] MMA net is €870/tonne,” a major producer said.
The producer added that securing large volumes of acetone was still “tricky” but the market had lengthened when compared with previous months. It also described its own stock position as “short”.
A major buyer of acetone said that since the July propylene contract price was stable from the previous month and market conditions were “more or less” unchanged, it accepted the rollover.
($1 = €0.77)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections