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December petrochemical contracts settled

9:57 AM MST | December 16, 2013 | Lindsay Frost

The last two December contract talks were concluded this week, and both US mixed xylenes and European butadiene were agreed at rolls from their November levels. Spot naphtha in northwest Europe skidded $30/m.t. which served to improve margins for cracker operators because spot olefins prices continued to rise on tight supply resulting from production outages. Spot ethylene rose €20/m.t. while propylene gained...

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