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July propylene contracts fully settle in US

by ChemOrbis Editorial Team - content@chemorbis.com
  • 14/07/2017 (17:07)
According to market sources, July propylene contracts fully settled in the US. The new propylene contract was reportedly agreed with an increase of $11/ton (0.5 cent/lb) from June at $860/ton (39 cents/lb) FD USG for polymer-grade propylene and at $827/ton (37.5 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 around $815/ton (37cents/lb) FD USG, unchanged from a week and a month earlier.
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