01 September 2009 04:11 [Source: ICIS news]
SINGAPORE (ICIS news)--South Korea’s Yeochun Naphtha Cracking Centre (YNCC) has settled its September butadiene (BD) contract at $1,458/tonne (€1,021/tonne) pipeline DEL (delivered), up $357/tonne from August, a company official said on Tuesday.
The August contract for BD was settled on a pipeline DEL basis at $1,101/tonne.
The BD price surge was due to tight supply and strong demand, traders said.
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