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May propylene contract nominated in US

by ChemOrbis Editorial Team -
  • 04/05/2016 (18:22)
According to market sources, another propylene producer has nominated its May contract to the US. The producer’s nomination calls for an increase of 0.5 cents/lb ($11/ton) from April at 33 cents/lb ($727/ton) for polymer-grade propylene and 31.5 cents/lb ($727/ton) chemical-grade propylene.

Shell Chemicals previously had reportedly nominated their May contract 1 cent/lb ($22/ton) higher from April at 32 cents/lb ($705/ton) for chemical-grade propylene.
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