TITLE

Ethylene Contracts head Toward Three-Month Settlement

AUTHOR(S)
Bewley, Lindsey
PUB. DATE
September 2009
SOURCE
Chemical Week;9/14/2009, Vol. 171 Issue 23, p57
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the possibility of a three-month ethylene contract settlement in the U.S. from July-September 2009. This trend is reportedly due to recent instability of feedstock prices that were reflected in production costs in summer 2009. An increase of about 6% was reported for ethylene contract prices since its January levels, while average spot prices fell in July 2009. Meanwhile, propylene contracts rose to 12 cents/pound in September 2009.
ACCESSION #
44410797

 

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