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August butadiene contracts settle in US

by ChemOrbis Editorial Team -
  • 31/07/2017 (17:50)
According to market sources, July butadiene contracts were settled in the US. The new settlement was agreed at a split settlement of 37-40 cents/lb ($815-882/ton), down 5-8 cents/lb ($110-176/ton) from the July settlement.

This was the fourth consecutive month of declines in the US, which was attributed to ample supplies and globally bearish trend in spot butadiene markets.
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