In an unexpected turn on Thursday, polymer grade propylene (PGP) prices in the United States edged lower even as crude oil values moved higher. Market participants were left surprised as the usual correlation between crude and propylene failed to hold. An industry source, speaking on condition of anonymity, revealed that the weakness was largely a […]
Polymer grade propylene (PGP) prices edged lower in the US on Tuesday, weighed down by muted trading activity and subdued demand. An industry source in the US, speaking on condition of anonymity, told a team member that spot PGP prices declined as market momentum remained soft. Spot delivered PGP was assessed at 29.00–29.50 cents/lb FD […]
Propylene prices edged lower across Asia on Monday, weighed down by weak sentiment and subdued buying activity. Market sources told that demand remained tepid, prompting sellers to trim offers in order to stimulate interest. FOB Korea propylene was assessed at USD 745–755 per metric ton, slipping by USD 5 from Friday’s levels. CFR China markers […]
Propylene contract prices in the United States have settled for September 2025, with no change from the previous month. According to a local industry source, polymer grade propylene was agreed at 35.50 cents per pound, while chemical grade settled at 34.00 cents per pound. Both values represent a rollover from August levels. The outcome reflects […]
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