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January propylene contracts fully settle in US

by ChemOrbis Editorial Team -
  • 30/01/2017 (11:31)
According to market sources, January propylene contracts fully settled in the US. The new propylene contracts were reportedly agreed with an increase of $220/ton (10 cents/lb) from December at $915/ton (41.5 cents/lb) FD USG for polymer-grade propylene and at $882/ton (40 cents/lb) for chemical grade.

Sources reported that the new settlement level is in line with market expectations which had called for a rise of $198-264/ton (9-12 cents/lb) in January.
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