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July ethylene contracts start to settle in US

by ChemOrbis Editorial Team -
  • 04/08/2015 (10:57)
July ethylene contracts are starting to settle in the US, according to market sources. The new contract stands at 32.75 cents/lb ($722/ton), down 1 cent/lb ($22/ton) from June.

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