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October butadiene contracts nominated in US

by ChemOrbis Editorial Team -
  • 29/09/2015 (15:59)
According to market sources, October butadiene contracts have been nominated in the US. Shell Chemicals announced its October butadiene contract with a rollover from September at 38 cents/lb ($838/ton) while LyondellBasell nominated its contract at 37 cents/lb ($816/ton).

Meanwhile, ExxonMobil nominated its October US butadiene contract at 43 cents/lb ($948/ton), down 2 cents/lb ($44/ton) from September while the TPC Group also announced its new contract with a decrease of 1 cent/lb ($22/ton) at 32 cents/lb ($705/ton).

In September, US butadiene contracts were agreed at a split settlement of 33-45 cents/lb ($728-$992/ton), down 2-3 cents/lb ($44-66/ton) from August.
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