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February PX contract concluded at split settlement in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 28/02/2020 (10:11)
According to market sources, February PX contracts in Europe were agreed at a split settlement of €727.5/ton-742.5/ton ($800-817/ton with the recent parity) FD NWE.

The average of the split settlements for February now stands at €735/ton ($809/ton), indicating €52.5/ton ($58/ton) decreases from the previous month.

According to ChemOrbis Price Wizard, spot PX prices were last reported at around $635/ton (€577/ton) FOB NWE, down by around $35/ton (€32/ton) from early February levels.
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