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August butadiene contracts settle in US

by ChemOrbis Editorial Team -
  • 29/07/2016 (14:42)
According to market sources, August butadiene contracts have been settled in the US with a split settlement of 34-41 cents/lb ($750-904/ton), a rollover to up 1 cent/lb from July.

Previously, TPC Group announced its new contract price at a rollover from July at 34 cents/lb ($750/ton) while Shell Chemicals settled at 36 cents/lb ($793/ton). ExxonMobil and LyondellBasell also settled their August butadiene contracts with a rollover from their July announcements at 41 cents/lb ($904/ton). Market players were expecting August contracts to be settled with a rollover or slight decreases.
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