Butadiene

Prices U.S.: 61 cts/lb del, Feb. contracts; 68-69 cts/lb del, spot EUROPE: €890/m.t./del, first-quarter contract; $1,230-1,240/m.t. fob, spot ASIA: $1,700/m.t. c&f, spot Outlook Global butadiene demand is expected to grow at just under 3.5%/year through 2012, slightly above the average of 3.2%/year growth of the past five years, CMAI (Houston) says. Demand in India will be the largest, growing nearly 15%/year for the next five years, although “total demand will remain below 200,000 tons,” says Bill Hyde, director/C4 olefins and elastomers at...

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