Taiwan’s Formosa, S. Korea’s YNCC settle Dec BD contracts
According to market sources, Taiwan’s Formosa Petrochemical Corp. and South Korea’s Yeochun Naphtha Cracking Center (YNCC) have settled their butadiene contracts for December in Asia. Formosa settled their December contract at $670/ton, down by $45/ton from the previous month.
YNCC’s new settlement, meanwhile, stands at $715/ton, down $19/ton from November.