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Initial April butadiene contract nominated in US

by ChemOrbis Editorial Team -
  • 25/03/2016 (10:47)
Market sources report that an initial April butadiene contract has been nominated in the US. ExxonMobil announced its nomination at 37 cents/lb ($815/ton), up 8 cents/lb ($176/ton) from March.

Market players had been anticipating an increase of around 3-5 cents/lb ($66-110/ton) due to higher spot prices.
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