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November MEG, PX contracts settle in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 06/11/2015 (15:31)
According to market sources, the November MEG and PX contracts have been settled in Europe. The new MEG settlement was fully agreed with a rollover from October at €825/ton ($897/ton) FD NWE.

Meanwhile, an initial November PX contract has been settled higher in Europe. The new settlement stands at €740/ton ($804/ton), up €15/ton ($16/ton) from October. In Europe, spot PX prices rose around $15/ton week over week to be currently standing at around $715/ton on an FOB NWE basis.
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