26 August 2013 14:17 [Source: ICIS news]
LONDON (ICIS)--The initial European monoethylene glycol (MEG) August contract has been followed at €990/tonne ($1,320/tonne), a second buyer and seller said on Monday.
The August settlement, which is now fully confirmed at a €43/tonne increase from July, was agreed on a free delivered (FD) northwest Europe (NWE) basis.
An initial contract was agreed between another buyer and another seller on Friday.
($1 = €0.75)
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