IHS Chemical Week

Markets :: Basic Chemicals :: Petrochemicals :: Butadiene


9:00 AM MDT | September 12, 2007 | Chemical Week Editorial Staff

Prices U.S.: 56 cts/lb del, August contracts; 59-60 cts/lb, del, spot EUROPE: €872/m.t. del, third-quarter contract; $1,150-$1,160/m.t. fob, spot ASIA: $850-$900/m.t. c&f, spot Outlook Global butadiene supply is tight, but there is enough capacity being added that the supply-demand balances will improve in about five years, says Bill Hyde, director/C4 olefins and elastomers at CMAI (Houston). Most of the capacity will be added in Asia, particularly China, which will account for 60% of new capacity, and Korea and Taiwan, accounting for 10% each (CW, May...

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