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US June ethylene contracts fully settle with a month-on-month increase
HOUSTON, July 2, 2016 (PCW) -– US ethylene contracts for June were fully settled Friday at 30.25 cpp, up 0.25 cpp from May.
Spot ethylene was higher Friday with July assessed at 24.75 cpp, up 0.375 cpp from the previous day.
Spot ethylene prices weakened slightly in June, trading between 23.625-26.25 cpp and ultimately closed out the month down 0.125 cpp. The weighted average price for Jun for Mont Belvieu spot ethylene was 25.089 cpp. -- Samantha Hartke