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March propylene contracts settle in US

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/03/2017 (16:55)
According to market sources, March propylene contracts settled in the US. The new propylene contract was reportedly agreed with an increase of $88/ton (4 cents/lb) from February at $1146/ton (52 cents/lb) FD USG for polymer-grade propylene and at $1113/ton (50.5 cents/lb) for chemical grade.

Spot propylene prices, meanwhile, started to firm up in mid-February, which lasted until recently, as they have lost more than $80/ton in the past two weeks.
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