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Ethylene and propylene contracts fully settle in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 02/12/2016 (15:05)
According to market sources, December ethylene and propylene contracts fully settled in Europe. Accordingly, the initial contracts that were settled on Wednesday with a decrease of €45/ton were not followed. The new contract for ethylene stands at €940/ton ($1003/ton) FD NWE, down €30/ton ($32/ton) from November while the new contract for propylene stands at €725/ton (773/ton), down €30/ton ($32/ton) from November.

The initial December ethylene and propylene contracts had been settled respectively at €925/ton ($985/ton) and €710/ton ($735/ton) FD NWE, both with a decrease of €45/ton ($48/ton) from November.
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