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ExxonMobil nominates January propylene contract to US

by ChemOrbis Editorial Team -
  • 08/01/2016 (12:15)
According to market sources, ExxonMobil Chemical has nominated its January propylene contract to the US with a rollover from December. The producer’s nomination stands at 30.5 cents/lb ($672/ton) for chemical-grade propylene and at 32 cents/lb ($705/ton) for polymer-grade propylene.

Earlier this week, Shell Chemical has nominated its January propylene contract with an increase of 0.5 cents/lb ($11/ton) from December at 31 cents/lb ($683/ton) for chemical-grade propylene.

In December, US propylene contracts were settled 0.5 cents/lb ($11/ton) higher from November at 32 cents/lb ($705/ton) FD USG for polymer-grade propylene and at 30.5 cents/lb ($672/ton) with the same terms for chemical-grade propylene.
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