IHS Chemical Week

Chemical Week Magazine :: Basic Chemicals & Plastics

US butadiene on the rise

6:19 AM MST | December 13, 2013

After bottoming out below 43 cts/lb in August, butadiene prices in the United States have been trending upward. However, demand remains weak, says IHS Chemical’s Market Advisory Service: Global C4 Olefins & Elastomers Summary. “Clearly, we are no longer at the bottom of the butadiene market, but the increase has not given consumers sufficient incentive to deviate from their plans to maintain low inventories to meet year-end targets,” the report says. Prices in Asia are meanwhile declining, the result of an ongoing slump in tire demand as well as the...

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