South Korea’s YNCC settles Sept butadiene up $357/tonne

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.

($1 = €0.70)

For more on butadiene visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Helen Yan
+65 6780 4359

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.

Printer Friendly