Second Europe November propylene contract agreed at €1,080/tonne

29 October 2013 09:49  [Source: ICIS news]

LONDON (ICIS)--A second European propylene contract price for November has been agreed at €1,080/tonne ($1,500/tonne), down by €30/tonne from October, a major non-integrated consumer said on Tuesday.

The contract, which is agreed on a free delivered (FD) northwest Europe (NWE) basis, was between the major non-intergrated consumer and a major producer.

Two major producers and two major non-integrated consumers have so far confirmed the settlement.

($1 = €0.72)

By: Nel Weddle
+44 20 8652 3214

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