âÄúSome of the sharp rise is due to feedstock costs, but the biggest factor is supply and demand. Asian demand for all olefins is growing 8%-10%, while North America has always been structurally" />
IHS Chemical Week

Chemical Week Magazine :: Cover Story

Butadiene Leads Global Olefins Surge

8:31 AM MDT | March 26, 2010 | Gregory DL Morris

Global butadiene prices have skyrocketed over the past year, surprising some players by the speed and degree of the increase. U.S. and Asian prices have steadily climbed, but the most extreme case has been in Europe, where contract prices have tripled and spot prices surged nearly 400% since March of last year (chart). “Some of the sharp rise is due to feedstock costs, but the biggest factor is supply and demand. Asian demand for all olefins is growing 8%-10%, while North America has always been structurally...

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