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September butadiene contracts settle in US

by ChemOrbis Editorial Team -
  • 01/09/2015 (14:08)
According to market sources, September butadiene contracts have been settled in the US. The new contracts stand at 33-45 cents/lb ($727-992/ton), with settlements representing 2-3 cents/lb ($44-66/ton) decreases from August.

TPC Group reportedly settled its September contract at 33 cents/lb ($727/ton), down 2 cents/lb ($44/ton) from August while Shell Chemicals and LyondellBasell settled their new contract with a drop of 3 cents/lb ($66/ton) at 38 cents/lb ($838/ton). ExxonMobil, meanwhile, settled its September butadiene contract at 45 cents/lb ($992/ton), down 2 cents/lb ($44/ton) from August, according to market players.
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