IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

Butadiene prices drop in Europe on poor demand

7:17 AM MDT | August 23, 2013 | —Francinia Protti-Alvarez

Expectations for higher butadiene prices over the next few months are slim, since demand from butadiene derivatives—namely those related to the tire and automotive industries—is currently below last year’s levels, according to IHS Chemical’s latest Market Advisory Service: Global C4 Olefin & Elastomers. The European butadiene contract price for August was settled at €750/m.t. ($999) del, €250/m.t. below July's €1,000/m.t., according to IHS Chemical data. These prices are a long way from the heights achieved in...

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