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Initial July propylene contract nominated in US

by ChemOrbis Editorial Team -
  • 30/06/2015 (14:17)
According to market sources, an initial July propylene contract has been nominated in the US. The new contract was nominated with a rollover from June at 40 cents/lb ($882/ton) FD USG for polymer-grade propylene and at 38.5 cents/lb ($849/ton) for chemical grade.

In the US, spot propylene prices declined 1.75 cents/lb ($39/ton) on the week to be currently reported at around 36 cents/lb ($793/ton) FD USG.
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