US June PGP contracts initially settle up 4.8%

25 June 2013 16:52  [Source: ICIS news]

HOUSTON (ICIS)--US June polymer-grade propylene (PGP) contracts reached an initial settlement up 4.8%, sources said on Tuesday.

Several market players said US June PGP contracts have been agreed to at 65 cents/lb ($1,433/tonne, €1,089/tonne), up by 3 cents/lb from May’s settlement of 62 cents/lb.

No initial settlements for June chemical-grade propylene (CGP) have been heard.

($1 = €0.76)


By: John Dietrich
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