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Initial February propylene contract settles in US

by ChemOrbis Editorial Team -
  • 24/02/2017 (11:46)
According to market sources, an initial February propylene contract settled in the US. The new propylene contract was reportedly agreed with an increase of $143/ton (6.5 cents/lb) from January at $1058/ton (48 cents/lb) FD USG for polymer-grade propylene and at $1025/ton (46.5 cents/lb) for chemical grade.

The settlement was reportedly in line with expectations which called for an increase $110-154/ton (5-7 cents/lb).
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