Q4 2018 has been an interesting quarter for US butadiene (BD) and crude C4.
In November, we saw BD contract prices fall, as global weakness outweighed upward pressure from tight feedstocks which kept domestic prices raised for most of the past two quarters.
Upstream crude C4 availability had been limited in the US as new ethylene capacity encouraged an increase of light cracker feedstocks.
However, this was not seen in Asia as low demand led to a sharp decline for BD prices in the region and opened an arbitrage window to the US.
Editors Jessie Waldheim and Amanda Hay look into these developments with the insight piece, Global Pressure Pushes US November BD Lower Despite Snug Feedstocks. Download your report today