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July propylene contracts nominated in US

by ChemOrbis Editorial Team -
  • 15/07/2016 (13:27)
According to market sources, initial July propylene contracts have been nominated in the US. The new polymer-grade propylene nomination stands at 33 cents/lb, a rollover from the June settlement. Market expectations were calling for a 0.5 cents/lb fall for the July propylene contract in the US.

Sources reported that two PDH plants restarted at the end of June and they have affected the expected length in the market.
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