Europe November BD contract agreed down by €60/tonne

24 October 2012 17:17  [Source: ICIS news]

LONDON (ICIS)--The European butadiene (BD) monthly contract price for November has been agreed at €1,480/tonne ($1,922/tonne), down by €60/tonne to reflect soft market conditions both domestically and abroad, a major consumer said on Wednesday.

The contract, which is settled on a free delivered (FD) northwest European (NWE) basis, was agreed by three major consumers and two producers.

Confirmation from two of the major consumers is pending.

($1 = €0.77)

By: Nel Weddle
+44 20 8652 3214

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