Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

US propylene contracts see first price increase in nine months: sources

Commodities | Agriculture | Grains | Energy | Electric Power | LNG | Natural Gas | Oil | Crude Oil | Metals | Coronavirus

Market Movers Americas, June 29-July 3: Rig count rises, but pandemic continues to pressure US commodities

Jet Fuel

Platts Jet Fuel

NGL | Gasoline | Petrochemicals | Olefins

NGLs Conference, 10th Annual

Oil | Crude Oil | Refined Products

Crude oil futures mixed awaiting fresh drivers

US propylene contracts see first price increase in nine months: sources


June PGP contract settles at 26.5 cents/lb, up 0.5 cent

Contract prices linger at 11-year lows

Houston — June US propylene contract prices settled a half-cent higher than May contract prices June 29, trade participants said.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The settlement marks the first price increase since September 2019, S&P Global Platts data showed.

The increase brought the US June polymer-grade propylene contract price to 26.5 cents/lb and chemical-grade propylene contract price to 25 cents/lb, the sources said.

The settlement was in line with market expectations of a price increase.

PGP and CGP contract prices remain at an 11-year low, however, and were last lower January 2009 at 22 cents/lb and 20.50 cents/lb, respectively, according to Platts data.

The increase comes as spot propylene prices have climbed 27% month-on-month June 29 and more than 50% since the year-to-date low of 18.625 cents/lb March 23.

US spot PGP was assessed June 29 at 28 cents/lb, up 1.125 cents from June 26.