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Initial propylene contract settles in Europe

by ChemOrbis Editorial Team -
  • 24/02/2017 (11:21)
According to market sources, an initial March propylene contract settled in Europe. The new settlement stood at €865/ton ($917/ton) FD NWE, up €50/ton ($53/ton) from February.

Although an the increase of €15/ton in the initial ethylene contract settlement was below expectations, the rise in propylene contract was in line with expectations.

In Europe, spot propylene prices are currently reported at FD NWE €885/ton, up €110/ton from the beginning of February.
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