NewsFlashFirst Europe BD Q4 settles up €60/t

16 October 2008 15:17  [Source: ICIS news]

LONDON (ICIS news)—The first European fourth quarter butadiene (BD) contract settlement has been agreed at €1,320/tonne ($1,783/tonne), €60/tonne up from the third quarter, a large major producer said on Thursday.

The record-high settlement was between a large European BD producer and a large consumer and was fully confirmed.

The contract is done on a free delivered (FD) northwest Europe (NWE) basis.

($1 = €0.74)

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By: Nel Weddle
+44 20 8652 3214

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