16 July 2008 18:58 [Source: ICIS news]
LONDON (ICIS news)--A major European butadiene (BD) producer has settled a third-quarter contract price with two of its consumers at €1,260/tonne ($2,000/tonne), €40/tonne higher than the initial settlement done over a week ago, the producer said on Wednesday.
Confirmation of the agreements, which were done on a FD (free delivered) NWE (northwest Europe) basis, was pending from the buying side.
The first third quarter contracts to be settled were at €1,220/tonne FD NWE, up €240/tonne from the second quarter between a Netherlands based producer and the same two consumers.
($1 = €0.63)For more on butadiene please visit ICIS chemical intelligence
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections