US BD producer settles May contract at 85 cents/lb - sources

03 May 2013 18:25  [Source: ICIS news]

HOUSTON (ICIS)--The US BD producer that accounts for about 15% of the market has settled its May contract price at 85 cents/lb ($1,874/tonne, €1,443/tonne), sources said on Friday.

Earlier in the week, three of the US BD producers that account for about 85% of the market settled the May contract price at 79 cents/lb, down 6% from their April contract price of 84 cents/lb.

US BD producers include ExxonMobil, LyondellBassel, Shell and TPC.

($1 = €0.77)

By: Mark Yost
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