Monday, June 04, 2012

Ethylene dips lower in US as purity ethane tanks to three-year low

Spot assessments on Mont Belvieu ethane for June delivery hit a three-year low – falling 4.75 cents to 34 cents/gal, as per Platts. The assessment was the lowest since 32.50 cents/gal on April 1, 20099.

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