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August butadiene contract settles in US

by ChemOrbis Editorial Team -
  • 31/07/2015 (11:28)
According to market sources, August butadiene contracts have been settled in the US. The new contracts stand at 36-47 cents/lb ($794-1036/ton), with settlements representing rollovers to 2 cents/lb ($44/ton) decreases from July.

TPC Group reportedly settled its August contract at 36 cents/lb ($793/ton), down 2 cents/lb ($44/ton) from July while Shell Chemicals and LyondellBasell settled their new contract with rollovers at 41 cents/lb ($904/ton). ExxonMobil, meanwhile, settled its August butadiene contract at 47 cents/lb ($1036/ton), down 2 cents/lb ($44/ton) from July, according to market players.
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