AFPM ’14: US BD, crude C4 tightness expected to increase

30 March 2014 17:53  [Source: ICIS news]

SAN ANTONIO, Texas (ICIS)--US supply tightness in the butadiene (BD) and crude C4 markets is expected to continue in increase in the second quarter, sources said on the sidelines of the International Petrochemical Conference (IPC) on Sunday.

A market source said it sees continued production issues in Europe, coupled with the potential low operating rates in Asia because of a weak domestic market, keeping import supply availability of BD and crude C4 limited.

The source said that this could start to push US BD and crude C4 spot prices up by $100-150/tonne during the second quarter.

Hosted by the American Fuel & Petrochemical Manufacturers (AFPM), the IPC runs through 1 April in San Antonio.

By: John Dietrich

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