Europe February MEG contract fully confirmed at €935/tonne

27 February 2014 09:10 Source:ICIS News

LONDON (ICIS)--The initial European monoethylene glycol (MEG) February contract settlement of €935/tonne was fully confirmed by the second seller and the buyer involved on Thursday.

The figure is €30/tonne lower than the January contract number which was confirmed on 11 February.

The European contract price was agreed on a free delivered (FD) northwest Europe (NWE) basis.

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By Caroline Murray