TITLE

Butadiene prices to slump

AUTHOR(S)
Yan, Helen; Brice, Andy
PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/30/2007, Vol. 2 Issue 64, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that butadiene (BD) spot prices are likely to decline to as low as $800/tonne cost and freight in northeast Asia in the second half of 2007. BD spot prices bottomed out at around $950/tonne in April 2007 after falling from $1,650/tonne levels in September 2006. Surplus Chinese stocks were exported as domestic supply outstripped demand. China exported more than 4,500 tonnes of BD in March, compared with only about 200 tonnes in the same month in 2006.
ACCESSION #
25073732

 

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