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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 Chemicalâ€™s Market Advisory Service: Global C4 Olefins & Elastomers Summary. â€śClearly, 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,â€ť 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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