01 April 2013 03:21 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) has settled its March butadiene (BD) contract at $1,728/tonne (€1,348/tonne), down by $171/tonne from its February’s final settlement price, a company source said on Monday.
FPCC’s February BD contract was concluded at $1,899/tonne pipeline DEL (delivered).
The producer had initially settled its February contract price at $1,914/tonne DEL.
FPCC’s monthly BD contract price is settled on a retroactive basis.
($1 = €0.78)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections