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Enterprise revises its April propylene nomination to US

by ChemOrbis Editorial Team -
  • 11/04/2016 (11:50)
According to market sources, Enterprise Product Partners revised its April propylene contract nomination downward to the US. The producer’s revised nomination calls for an increase of 1 cent/lb ($22/ton) from March at 32.5 cents/lb ($716/ton) FD USG for polymer-grade propylene. Enterprise’s initial nomination called for an increase of 2 cents/lb ($44/ton).

Meanwhile, Shell Chemical nominated its April propylene contract to the US with an increase of 3 cents/lb ($66/ton) from March at 33 cents/lb ($727/ton) FD USG for chemical-grade propylene.

In March, US propylene contracts were fully settled at 31.5 cents/lb ($694/ton) FD USG for polymer-grade propylene and at 30 cents/lb ($661/ton) for chemical-grade propylene with the same terms.
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