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December propylene contracts settle with decrease
HOUSTON, December 21, 2016 (PCW) -- December propylene contracts settled on Tuesday at 31.5 cpp for PGP and at 30 cpp for CGP, representing a 4 cpp decrease from November.
Spot propylene markets were thin on Tuesday with no new propylene trades seen. Dec PGP was bid at 31.125 cpp but firm offers were not seen. Dec last traded at 31.25 cpp on Dec 16. For the month-to-date, Dec PGP has averaged at 30.089 cpp with a 30-day weighted average of 30.278 cpp. -- Samantha Hartke