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ExxonMobil nominates August propylene contract in US

by ChemOrbis Editorial Team -
  • 29/07/2015 (11:49)
According to market sources, ExxonMobil has nominated its August propylene contract in the US. The producer’s new nomination stands at 36.5 cents/lb ($805/ton) for polymer-grade propylene and 35 cents/lb ($772/ton) for chemical grade, a rollover for both products from July.

In July, propylene contracts were settled with a 3.5 cents/lb ($77/ton) decrease from a month earlier, posting the lowest level seen since May 2009.
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