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January ethylene contracts settle in Europe

by ChemOrbis Editorial Team -
  • 23/12/2014 (19:42)
January ethylene contracts have been settled in Europe, according to market sources. The new ethylene contract stands at €880/ton ($1076/ton) FD NWE, down €130/ton ($159/ton) from December.

In Europe, spot ethylene prices were reported at €820-825/ton FD NWE prior to the Christmas holidays. This level represented decreases of €30/ton week over week and €70/ton month over month. When compared to initial December levels, spot naphtha prices in Europe are also down $135/ton.
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