18 April 2012 16:08 [Source: ICIS news]
VENICE (ICIS)--Butadiene (BD) prices will likely remain flat in both the ?xml:namespace>
And BD prices may have already peaked for 2012, the producer said on the sidelines of the International Institute of Synthetic Rubber Producers (IISRP) annual meeting in
BD is a key component in the cost to produce SBR, as it accounts for 76.5% of the feedstocks used to make the product.
Two other market participants also said that the outlook in the
BD prices in
BD in northeast
A rollover or a drop in the
BD contract prices in the
The monthly contract in April settled in a range of $1.52–1.62/lb, rising from $1.45/lb and $1.55/lb in March.
US nominations for the May contract are expected to be unveiled in the next few days.
The 53rd edition of the IISRP meeting opened on Monday. The conference ends on Thursday.
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