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November butadiene contract settles in US

by ChemOrbis Editorial Team -
  • 03/11/2014 (11:08)
November butadiene contracts have been settled in the US, according to market sources. The new butadiene contracts stand at 44-52 cents/lb ($970-1146/ton), down 8-10 cents/lb ($176-220/ton) from October.

The November settlements were in line with market expectations, which called for 5-10 cents/lb ($110-$220/ton) decreases due to ample supply and weak demand in the US as well as globally lower butadiene prices.
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