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Initial PX contract for January settles in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 12/01/2015 (16:27)
An initial January PX contract has been settled in Europe, according market sources. The new contract stands at €680/ton ($804/ton) FD NWE, down €110/ton ($130/ton) from December.

In Europe, spot PX prices retreated $75/ton week over week in line with sharply decreasing energy markets to be currently quoted at around $710/ton on an FOB ARA basis.
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