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Initial April MEG and PX contracts settle in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/04/2017 (17:43)
Market sources report that initial April MEG and PX contracts have been settled in Europe.

The new MEG contract was agreed at €944/ton ($1007/ton) FD NWE, down €90/ton ($96/ton) from March. Meanwhile, spot MEG prices in Europe were last reported at around €810 ($864/ton) FCA NWE.

The new PX contract for April was agreed at €850/ton ($906/ton)) FD NWE, down €20/ton ($21/ton) from March settlement. In the meantime, spot PX prices were last reported at $745/ton FOB NWE in Europe.
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