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Initial June propylene contract settles in US

by ChemOrbis Editorial Team -
  • 14/06/2017 (11:39)
According to market sources, an initial June propylene contract settled in the US. The new propylene contract was reportedly agreed with a rollover from May at $849/ton (38.5 cents/lb) FD USG for polymer-grade propylene and at $816/ton (37 cents/lb) for chemical grade.

The new settlement was in line with the expectations.

Meanwhile, spot polymer-grade propylene prices in the US were last reported at $838/ton (38 cent/lb) FD USG, up by around $22/ton (1 cent/lb) from a week earlier.
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