The market has been settling at split levels since September of last year, when the four main U.S. suppliers—ExxonMobil Chemical, LyondellBasell, Shell Chemical, and TPC Group—failed to reach an agreement due to easing supply and production constraints, which made contract negotiations more difficult. The market finally evened out last month" />
IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

Butadiene Contracts Skyrocket on Renewed Demand

10:47 AM MDT | April 15, 2011 | —LINDSEY BEWLEY

Butadiene contracts for the month of April posted gains of 17 cts-19 cts/lb in a split settlement, boosting prices to an $1.21-$1.23/lb, depending on the producer. The market has been settling at split levels since September of last year, when the four main U.S. suppliers—ExxonMobil Chemical, LyondellBasell, Shell Chemical, and TPC Group—failed to reach an agreement due to easing supply and production constraints, which made contract negotiations more difficult. The market finally evened out last month...

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