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April ethylene and propylene contracts fully settle in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 28/03/2017 (22:57)
According to market sources, April ethylene and propylene contracts settled in Europe.

Accordingly, the new ethylene contracts for April were fully agreed with a rollover from March at €1050/ton ($1135/ton) FD NWE. Spot ethylene prices were recently reported at around €1110/ton ($1200/ton) with the same terms, up €10/ton ($11/ton) compared to the beginning of March.

April propylene contracts were fully settled at €880/ton ($951/ton) FD NWE, up €15/ton ($16/ton) compared to the March settlement. Spot propylene prices were reported at €955/ton ($1033/ton), indicating increases of €30/ton ($32/ton) compared to the beginning of March.
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