29 March 2010 23:00 [Source: ICIS news]
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US BD contracts usually settle at the lowest price nominated by the four main
The market has agreed to an 8 cent/lb increase, sources said on the sidelines of the National Petrochemical & Refiners Association (NPRA) meeting.
BD contracts in March settled at 76 cents/lb, up by 6 cents/lb from February, according to global chemical market intelligence service ICIS pricing.
US BD contracts have risen by 33% since January, including the expected increase in April.
BD is likely to remain on an uptrend in the second quarter, a buyer said, predicting a softening in the following quarter as a result of new capacity in
The NPRA International Petrochemical Conference (IPC) runs Sunday through Tuesday.
($1 = €0.74)
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