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April, May ethylene contracts settle in US

by ChemOrbis Editorial Team -
  • 03/06/2015 (13:58)
According to market sources, US ethylene contracts have been settled for April and May with a combined increase of 0.25 cents/lb ($6/ton).

The contract for April was a rollover from March at 34.25 cents/lb ($754/ton), while the contract for May was settled at 34.50 cents/lb ($760/ton), up 0.25 cents/lb ($6/ton) from April. The increase reportedly stemmed from higher spot prices.

In US, spot ethylene prices currently stand at 36 cents/lb ($793/ton), up 0.25 cents/lb ($6/ton) from last week.
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