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August propylene contracts start to announce in US

by ChemOrbis Editorial Team -
  • 04/08/2016 (11:48)
According to market sources, an initial August propylene contract was announced in the US. The new propylene contract was nominated with an increase of 2.5 cent/lb ($55/ton) from July at 36 cents/lb ($793/ton) FD USG for polymer-grade propylene.

Sources reported that the new nomination is representing a higher increase compared with initial market expectations which called for an increase of 1-2 cents/lb from July.
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