NewsFlashEurope April butadiene settles up €90/tonne

27 March 2012 10:12  [Source: ICIS news]

LONDON (ICIS)--The European butadiene (BD) April monthly contract price (MCP) has settled at €2,275/tonne ($3,033/tonne), up by €90/tonne from March, a major producer said on Tuesday.

The contract is settled on a free delivered (FD) northwest Europe (NWE) basis.

“There is broad acceptance [across the market], it is a compromise settlement”, the producer said.

Three major producers and four major consumers have agreed the April MCP. So far, two major producers and two major consumers have confirmed the settlement.

($1 = €0.75)

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