July butadiene contracts settle in Europe
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, butadiene contracts have been settled for July in Europe. The new contract was agreed at €825/ton ($923/ton) FD NWE, down €400/ton ($447/ton) from June.
The slump in July butadiene contracts followed the sharp decreases in the spot market, where prices have recently retreated by more than €300/ton to €800/ton when compared to the beginning of the month.
The slump in July butadiene contracts followed the sharp decreases in the spot market, where prices have recently retreated by more than €300/ton to €800/ton when compared to the beginning of the month.
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