Three Europe Q4 butadiene contracts settle down €155/t

24 September 2010 12:03  [Source: ICIS news]

LONDON (ICIS)--Three European fourth-quarter butadiene (BD) contracts have settled at €1,325/tonne ($1,767/tonne), down by €155/tonne, because of softening market fundamentals, a major producer said on Friday.

Two settlements were fully confirmed between the producer and two of its customers (both major consumers of butadiene in Europe).

Confirmation from a second supplier involved in the third settlement was also received.

The contracts were agreed on a free delivered (FD) northwest Europe (NWE) basis.

($1 = €0.75)

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

By: Nel Weddle
+44 20 8652 3214

AddThis Social Bookmark Button

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