Propylene Producer Nominates Price Hike for February

A U.S. propylene producer has nominated a 22-cts/lb increase for February contracts, market players say. The nomination is a 40% premium to current propylene contracts of 56 cts/lb for polymer-grade propylene (PGP) and 54.5 cts/lb for chemical-grade propylene (CGP).    Market sources say an increase of about 10 cts- 5 cts/lb would be reasonable for February contracts given rising alkylation alternative values and the structural change to ethane as the favored feedstock. Cost pressures from steam crackers, metathesis economics and refinery-grade...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers