US propylene expected flat to firmer in second quarter

摘要

HOUSTON (ICIS)--US propylene prices have found a floor and will be steady to slightly higher during the second quarter,market participants expect.”I think propylene contract prices have hit the bottom,”a market source said.US propylene contract prices had fallen for five consecutive months prior to a rollover for April,while spot prices followed a similar trend.”I don't see where any reduction of the contract price gets anything else moving.Everything is affordable,”another market source said.