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August ACN contract settles in Europe

by ChemOrbis Editorial Team -
  • 11/08/2017 (14:14)
According to market sources, August ACN contracts were settled in Europe. The new contract was agreed at €1745-1762/ton FD NWE, down €26/ton ($30/ton) from the assessment of July settlement.

Spot ACN prices indicate a cumulative fall of around $210/ton from late June levels due to increasing supplies and fading downstream demand.
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