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Initial August ethylene contract settles in Europe

by ChemOrbis Editorial Team -
  • 25/07/2016 (16:45)
An initial August ethylene contract has been settled in Europe, according to market sources. The new contract stands at €925/ton ($1016/ton) FD NWE, down €20/ton ($22/ton) from July.

The lower settlement was attributed to weaker spot naphtha prices which retreated by around $50/ton when compared to the beginning of July.
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