The contract price for ethylene in Europe has risen following expected declines in the price of feedstock naphtha . The March price of EUR1,057 ( $ 1,292 ) per metric tonne was settled down $ 250 from the February figure , initially by price and Clariant but followed by price and another buyer . S&P Global Platts claimed the contract price of ethylene represented a slight discount , but few deals were reported before the settlement was announced .
The contract price for ethylene in Europe has fallen following expected declines in the price of feedstock naphtha. The March price of EUR1,057 ($1,292) per metric tonne was settled down $23.34 from the February figure, initially by LyondellBasell and Clariant but followed by BASF and another buyer. S&P Global Platts said the spot price of ethylene represented a slight discount, but few deals were reported before the settlement was announced.