US September propylene contracts initially settle at rollover

04 September 2013 21:43  [Source: ICIS news]

HOUSTON (ICIS)--US September propylene contracts have reached an initial settlement at a rollover, sources said on Wednesday.

This puts US polymer-grade propylene (PGP) contract prices at 70.0 cents/lb ($1,543/tonne, €1,173/tonne) and chemical-grade propylene (CGP) at 68.5 cents/lb.

The settlement is in line with nominations, which came in at a rollover based on steady spot values and tight supply.

($1 = €0.76)


By: John Dietrich
713-525-2600



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