LATEST NEWS: March ethylene, propylene contracts settle in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources in Europe, March ethylene contract has settled with a decrease of €50/ton ($55/ton) from February at €920/ton ($1016/ton with the recent parity) FD NWE.
March propylene contract has also settled in Europe. The settlement indicated €20/ton ($22/ton) drops from February at €825/ton ($911/ton with the recent parity) FD NWE.
According to ChemOrbis Price Wizard, spot ethylene prices on FD NWE basis indicate €20/ton ($22/ton) decrease from early February to be reported at around €750/ton ($828/ton).
Spot propylene prices were last reported at around €805/ton ($888/ton) FD NWE, down by around €10/ton ($11/ton) from early February.
March propylene contract has also settled in Europe. The settlement indicated €20/ton ($22/ton) drops from February at €825/ton ($911/ton with the recent parity) FD NWE.
According to ChemOrbis Price Wizard, spot ethylene prices on FD NWE basis indicate €20/ton ($22/ton) decrease from early February to be reported at around €750/ton ($828/ton).
Spot propylene prices were last reported at around €805/ton ($888/ton) FD NWE, down by around €10/ton ($11/ton) from early February.
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