May benzene, butadiene contracts settle in US
by ChemOrbis Editorial Team - content@chemorbis.com
According to market sources, May benzene and butadiene contracts have been settled in the US.
Accordingly, the benzene contract for May settled in the range of $2.69-2.70/gallon ($804-807/ton), with Phillips 66 settling its contracts at $2.69/gal ($804/ton), down 2 cents/gal ($44/ton) from April and ExxonMobil at $2.70/gal ($807/ton), up 4 cents/gal ($88/ton) from the previous settlement.
May butadiene contracts, meanwhile, was agreed at 64 cents/lb ($1410/ton), down 29 cents/lb ($639/ton) from April’s settlement.
Accordingly, the benzene contract for May settled in the range of $2.69-2.70/gallon ($804-807/ton), with Phillips 66 settling its contracts at $2.69/gal ($804/ton), down 2 cents/gal ($44/ton) from April and ExxonMobil at $2.70/gal ($807/ton), up 4 cents/gal ($88/ton) from the previous settlement.
May butadiene contracts, meanwhile, was agreed at 64 cents/lb ($1410/ton), down 29 cents/lb ($639/ton) from April’s settlement.
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