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Initial October propylene contract nominated in US

by ChemOrbis Editorial Team -
  • 17/10/2016 (14:14)
According to market sources, initial October propylene nominations came with a decrease of 0.5 cents/lb ($11/ton) to 41 cents/lb ($904/ton) for chemical-grade propylene (CGP) and 42.5 cents/lb ($937/ton) for polymer-grade propylene (PGP) in the US, in line with expectations.

Market expectations had called for a rollover to drop of 0.5 cents in October.

Buyers reported that they heard the nominations at this level although producers did not confirm the figures on Friday.
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