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May propylene contracts settle in US

by ChemOrbis Editorial Team -
  • 15/05/2017 (12:20)
According to market sources, May propylene contracts settled in the US. The new propylene contract was reportedly agreed with a decrease of $165/ton (7.5 cents/lb) from April at $849/ton (38.5 cents/lb) FD USG for polymer-grade propylene and at $816/ton (37 cents/lb) for chemical grade.

The new settlement was in line with the expectations which called for a decrease of $132-176/ton (6-8 cents/lb).
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