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July propylene contracts settle in US

by ChemOrbis Editorial Team -
  • 25/07/2016 (10:32)
According to market sources, July propylene contracts have been settled in the US. The new propylene contracts were agreed 0.5 cent/lb ($11/ton) higher from June at 32 cents/lb ($705/ton) FD USG for chemical-grade propylene and at 33.5 cents/lb ($738/ton) for polymer-grade propylene with the same terms.

The settlement is higher than initial nominations which had called for a rollover from the June settlement.
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