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TPC Group nominates US September butadiene contract

by ChemOrbis Editorial Team -
  • 31/08/2015 (12:12)
According to market sources, TPC Group nominated their September butadiene contract in the US. The producer’s new announcement stands at 35 cents/lb ($772/ton), down 1 cent/lb ($22/ton) from the company’s August contract.

Meanwhile, Shell and LyondellBasell nominated their September butadiene contracts at 38 cents/lb ($838/ton), down 3 cents/lb ($66/ton) from August. Previously, ExxonMobil had also announced its September contract at 46 cents/lb ($1014/ton), down 1 cent/lb ($22/ton) from August.

According to sources, market expectations are calling for a rollover to a 2-3 cents/lb ($44-66/ton) decrease on the September butadiene contract.
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