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Initial May ethylene contact settles in Europe

by ChemOrbis Editorial Team -
  • 29/04/2015 (09:43)
An initial ethylene contract has been settled in Europe, according to market sources. The new contract stands at €1045/ton ($1147/ton) FD NWE, up €80/ton ($88/ton) from April.

In Europe, spot ethylene prices increased approximately €40/ton ($44/ton) week over week to be currently quoted at around €1090/ton ($1196/ton) on an FD NWE basis.
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