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Initial October ethylene contract settles in Europe

by ChemOrbis Editorial Team -
  • 29/09/2016 (13:56)
Market sources reported that an initial October ethylene contract has been settled in Europe. The new settlement was agreed at €940/ton ($1055/ton) FD NWE, up by €15/ton ($17/ton) from September.

Market players had expected the new contract to settle with rollovers or to see small changes as spot ethylene prices were down compared to the beginning of the month, but naphtha prices were firm.
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