Butadiene Asia

摘要

Butadiene prices were down $200/mt week on week to$4,300/mt FOB Korea Friday amid concerns that USrequirements will soften as it has sufficient supply to tide itthrough August, market participants said. A producer was alsoconcerned that Europe would become oversupplied. But amarket participant in Asia said while the market is longer, it isnot excessively so. Another participant cited the US butadienecontract price for July, which is likely to see a split settlement at170-175 cents/lb, saying there may be uncertainty over thedirection of butadiene in the US.