Second settlement for MEG for April in Europe at €795 per tonne DDP.
There was a second settlement for MEG for April in Europe at €795 per tonne DDP. This was settled between a German-owned Benelux-based EO/MEG producer and Arteco. Also of note at this time is the fact that, for a second month, the ethylene settlement for Europe was not straight-forward. There was an initial settlement (+€50) that was not followed by a different number. The final ethylene deal for April is an increase of €60 on March, giving a price of €870 per tonne DDP.