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October butadiene contracts start to settle in US

by ChemOrbis Editorial Team -
  • 30/09/2015 (11:35)
According to market sources, October butadiene contracts are starting to settle in the US with a split settlement of 32-43 cents/lb ($705-948/ton), down 1-2 cents/lb ($22-44/ton) from September.

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