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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