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January butadiene contracts nominated in US

by ChemOrbis Editorial Team -
  • 24/12/2015 (10:14)
According to market sources, several producers announced their January butadiene contracts to the US. Among these producers, LyondellBasell and Shell Chemicals nominated their January butadiene contracts at 30 cents/lb ($661/ton), down 1 cent/lb ($22/ton) from December while ExxonMobil announced its January contract with a decrease of 1 cent/lb ($22/ton) from the previous month at 35 cents/lb ($771/ton).

Market expectations are calling for decreases of at least 1 cent/lb ($22/ton) for January butadiene contracts due to weak demand and lower spot prices.
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