IHS Chemical Week

May Butadiene Contract Soars in Europe

10:33 AM MDT | April 28, 2011 | Lindsey Bewley

The flat-out winner for the week was the European butadiene contract which was agree higher by €360/m.t. causing buyers’ heads to spin. Keeping pace, spot butadiene was reported notionally higher by $$480/m.t. but no business could be confirmed at that price. Other olefins gains were considerably more modest. May ethylene was concluded higher by €25/m.t. while propylene for the month was agreed at an increase of  €35/m.t. Spot C2 bumped up by €60/m.t. while spot C3 rose...

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