25 October 2011 11:20 [Source: ICIS news]
LONDON (ICIS)--The European butadiene (BD) contract price for November has been agreed at €1,850 /tonne ($2,569 /tonne), down by €250/tonne from October, because of soft demand and lengthening supply, a major producer said on Tuesday.
The major producer agreed the contract with two of its customers. Confirmation from one customer is still pending.
The contract is agreed on a free delivered (FD) northwest Europe (NWE) basis.
($1 = €0.72)
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