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June propylene contracts start to settle in US

by ChemOrbis Editorial Team -
  • 22/06/2016 (10:00)
According to market sources, June propylene contracts have started to settle in the US. The new propylene contracts are settling 0.5 cent/lb ($11/ton) higher from May at 31.5 cents/lb ($694/ton) FD USG for chemical-grade propylene and at 33 cents/lb ($727/ton) for polymer-grade propylene with the same terms.

Sources reported that the new settlement represents the first increase since March.
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