Upward trend continues

Burridge, Elaine
November 2007
ICIS Chemical Business;11/19/2007, Vol. 272 Issue 19, p26
Trade Publication
The article offers information on the market trends of Propylene. U.S. November 2007 chemical and polymer-grade propylene (CGP and PGP) contracts have settled up by 7.25 cents/lb, amid tight supplies and soaring feedstock costs. Market sources cite supply constraints and soaring feedstock and crude oil prices as the main push behind the upward pressure. Asian monoethylene glycol spot prices continued to spike from early October 2007.


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