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January ethylene contract settles in US

by ChemOrbis Editorial Team -
  • 04/02/2015 (11:04)
January ethylene contracts are starting to settle in the US, according to market sources. The new contract stands at 35.25 cents/lb ($777/ton), down 3 cents/lb ($66/ton) from December.

The decrease was in line with market expectations and if the new contract finds widespread acceptance, it will represent the lowest level since September 2009.
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