30 August 2013 16:24 [Source: ICIS news]
LONDON (ICIS)--An initial European September benzene contract has been confirmed at €977/tonne, up €31/tonne from the previous month, one buyer confirmed on Friday.
The contract was agreed at a US dollar concept of $1,296/tonne FOB (free on board) NWE (northwest Europe) and converted to the euro price at the agreed exchange rate of €1:$1.3265.
Further confirmation from other players is pending.
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