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Butadiene prices race higher in Asia

Petrochemical industry | 15 Mar 2021 08:30 IST | Polymerupdate.com

Last week, butadiene prices galloped higher in Asia. The steep price gain was triggered by tight product availability, stronger upstream costs and bullish demand trends across the Asian region.

Firmer downstream product demand and pricing trends further pushed prices higher.

FOB Korea prices of butadiene were assessed at the USD 1130-1135/mt, a whopping rise of USD 100/mt from last week.

CFR China prices were at the USD 1160-1165/mt levels, while CFR South East Asia prices were assessed at the USD 1090-1095/mt levels, both surged by USD 90/mt from the previous week.
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