03 January 2014 15:47 [Source: ICIS news]
The consumer there was another settlement reported at this level, but this was so far unconfirmed by any of the parties involved.
Price ideas in the spot market saw some erosion in December amid inventory destocking, but later started to gain ground amid some prompt supply concerns.
Several sources reported spot deals within a range of $1,100-1,130/tonne free on board (FOB) towards the end of December.
The contract was settled on a FOB northwest Europe (NWE) basis. Further confirmation from other players is pending.
($1 = €0.73)
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