Europe July PO prices roll over, following propylene

12 July 2013 23:59  [Source: ICIS news]

LONDON (ICIS)--European propylene oxide (PO) July contract prices were assessed by ICIS on Friday at a rollover from June.

July contract prices were assessed at €1,466-1,582/tonne FD (free delivered) NWE (northwest Europe).

PO prices are calculated at 80% of the upstream July propylene contract, which was confirmed as a rollover on 26 June at €1,040/tonne ($1,368/tonne) because of largely stable feedstock and supply/demand fundamentals.

($1 = €0.76)

By: Stefan Naidu
+44 208 652 3214

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