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

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly