25 January 2011 10:54 [Source: ICIS news]
LONDON (ICIS)--The first European February butadiene (BD) contract settlements have been agreed up €100/tonne at €1,440/tonne ($1,973/tonne), a major consumer said on Tuesday.
Three major producers and two other key consumers were also reported to have agreed at the same price but confirmation was pending. The monthly contract prices (MCPs) are done on a free delivered (FD) northwest Europe (NWE) basis
($1 = €0.73)
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