29 July 2013 14:47 [Source: ICIS news]
LONDON (ICIS)--An initial European August propylene contract price has been agreed at €1,090/tonne ($1,453/tonne), up by €50/tonne from July, a major consumer said on Monday.
The contract, which is agreed on a free delivered (FD) northwest Europe (NWE) basis, was between the major consumer and a major supplier.
Confirmation from the supplier is pending.
($1 = €0.75)
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