Q:

U.S. propylene contract prices settle lower for May 2026

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A:

The source said, “The contract price to Polymer-grade propylene (PGP) has been settled at the 52.00 cents/lb FD US Gulf mark, while the contract price to Chemical-grade propylene (CGP) has been settled at 50.50 cents/lb FD US Gulf mark.

The source added, “These prices represent a decline of (-7.00 cents/lb) from their April 2026 settlement levels.”

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