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August propylene contracts settle in US

by ChemOrbis Editorial Team -
  • 20/08/2015 (11:48)
Initial August propylene contracts have started to settle in the US, according to market sources. The new propylene contracts are settling 3.5 cents/lb lower from July at 33 cents/lb ($727/ton) FD USG for polymer-grade propylene and at 35 cents/lb ($771/ton) for chemical-grade propylene with the same terms.

Spot polymer grade propylene prices in the US are currently quoted at around 19 cents /lb ($419/ton) FD USG.
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