US propylene contract prices for November settled lower at 6 cents/lb (US$132/ton, €95/ton) from October as inventory levels remain high, as per ICIS. The decline pulled down polymer-grade propylene ((RGP) contracts to 58 cents/lb, and chemical-grade propylene (CGP) contract down to 56.
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Thursday, November 17, 2011
US Nov propylene contract prices drop from October on high inventory levels
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