Europe October butadiene contract settles up €50/tonne

30 September 2013 14:17  [Source: ICIS news]

LONDON (ICIS)--The European October butadiene (BD) contract price has been agreed up by €50/tonne ($68/tonne) at €825/tonne driven primarily by spot price gains in the Asian BD market, contract players said on Monday.

The contract, which is settled on a free delivered (FD) northwest Europe (NWE) basis, has so far been confirmed by three major producers and two major consumers.

Confirmation from a third major consumer in the settlement is pending.

($1 = €0.74)

By: Nel Weddle
+44 20 8652 3214

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