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Aug butadiene contracts settle in Europe

by ChemOrbis Editorial Team - content@chemorbis.com
  • 26/07/2017 (10:39)
According to market sources, butadiene contracts have been settled for August in Europe. The new contract was agreed at €750/ton ($873/ton) FD NWE, down €75/ton ($87/ton) from July.

This €75/ton decrease in the contract market followed a much larger decrease of €400/ton in July.

This month’s outcome for the contracts was also surprising as the spot market was mostly steady throughout July at €800/ton FD NWE. Accordingly, the contract market moved below the spot market.
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