Propylene and Ethylene fixed up for September 2012

The ICIS European propylene and ethylene monthly contract prices have been fixed up €105/tn to €1,160/tn and €125/tn to €1,300/tn respectively for September. This is the second month in a row that a three figure rise has been seen which can be attributed to rising oil and naphtha prices in recent months.

The two month rise in feedstock prices has almost exactly mirrored the large falls we saw in May, June and July where prices plummeted nearly €300/tn for both in that period.

The recent rises have lead to price increase across the Solventis product range of alcohols, esters, glycols, glycol ethers, acrylates and monomers which we offer on a collected or delivered basis from our tank storage facilities in the Antwerp area. Please call a member of the sales team or send an email to sales@solventis.net for further information.

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