Delayed US ethylene contracts settle up 5 cents for June,4 cents for July

摘要

Houston-June and July US ethylene contracts were reportedly initially settled up a total of plus 9 cents at the start of August.June ethylene settled up 5 cents/lb while July was up 4 cents/lb,sources explained.Initial nominations for June were at 5-7 cents/lb while July nominations were between 7-15 cents/lb.Sources said that the delayed settlement ultimately hurt suppliers in the effort to push through the full nominations.Raw materials hit record high levels in July and resulted in the lofty nominations.