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Initial May ethylene contract settles in US

by ChemOrbis Editorial Team -
  • 02/06/2016 (14:25)
Market sources report that an initial May ethylene contract has been settled in the US. The new contract was agreed with a decrease of 0.5 cents/lb ($11/ton) from April at 30 cents/lb ($661/ton).

Market players had been expecting the new contract to settle with rollovers to decreases from the previous month.
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