20 December 2013 23:59 [Source: ICIS news]
The PTA contract price is €836-866/tonne ($1,145-1,186/tonne) FD (free delivered) NWE (northwest Europe), according to ICIS calculations.
The European December PX contract price rolled over to settle at €1,055/tonne.
Despite the intended closure of Lotte Chemical UK’s PTA Wilton facility in the UK, European sellers remain under pressure from low demand and competitive imports on the water, according to commentary this week.
($1 = €0.73)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections