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Initial March MEG and PX contracts settle in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 03/03/2017 (12:09)
Market sources report that initial MEG and PX contracts have been settled in Europe.

The new MEG contract was agreed with a rollover from February at €1034/ton ($1087/ton) FD NWE. Spot MEG prices in Europe were last reported at around €910 ($957/ton) FCA NWE.

The new PX contract for March was also agreed with a rollover from February at €870/ton ($915) FD NWE. In the meantime, spot PX prices were reported at $815/ton FOB NWE in Europe.
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