Price Trend
The domestic butadiene market has been rising recently. As of March 26, the price of butadiene was 8,540 yuan per ton, according to business association monitoring.
II. Analysis of Influencing Factors
Products: The domestic butadiene market is rising, the Northeast supply transaction price is rising broadly, and the intermediary offer follows the upward trend. However, the downstream of the current high-price inquiry intention is low, and East China supply is still abundant, the market is temporarily difficult to have substantial transaction support, the atmosphere is relatively cautious. In terms of quotation, the offer delivered to Shandong is around 8600 yuan/ton, and East China refers to about 8600-8800 yuan/ton. The quotation is for reference only, and the actual single negotiation is the main method.
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Industry chain: downstream synthetic rubber, Qilu Styrene Butadiene Rubber 1502 price in 11250 yuan / ton, Qilu Shun Butadiene Rubber market price in 11350 yuan / ton, synthetic rubber market remains weak finishing, the market is limited, short-term butadiene is still difficult to support significantly.
3. Future Market Forecast
Butadiene analysts in business associations expect that butadiene market will weaken in the short run. They suggest that attention be paid to the latest transaction guidance.
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