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Initial July MEG contract settles in Europe

by ChemOrbis Editorial Team -
  • 08/07/2015 (11:12)
According to market sources, an initial July MEG contract has been settled in Europe. The new settlement stands at €1088/ton ($1200/ton) FD NWE, down €19/ton ($21/ton) from June.

The decrease was attributed to higher MEG and ethylene supply levels.
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