Price Trend

Recently, the domestic butadiene market atmosphere is rather empty. As of April 23, the price of butadiene was 7895 yuan/ton, according to the monitoring of business associations.

II. Analysis of Influencing Factors

Products: Domestic butadiene market atmosphere is empty, Fushun petrochemical plant is restarted, supply resumes export, Liaotong chemical industry normal export, Northeast supply increases but transaction is not smooth, plus East China spot abundant, downstream wait-and-see and other downstream expectations, market focus downward. The delivery price in Shandong is 7750-7850 yuan/ton, and that in East China is around 7800-7900 yuan/ton. The main thing is to negotiate with each other.

Industry chain: downstream synthetic rubber, Qilu Styrene Butadiene Rubber 1502 price at 11 400 yuan/ton, Qilu Shun Butadiene Rubber market price at 11 500 yuan/ton, synthetic rubber market maintained finishing, but poor turnover, the overall trend of rubber industry chain is difficult to support the market of butadiene.

3. Future Market Forecast

Northeast plant restart, North spot supply increment, plus East China abundant supply, the domestic butadiene market supply side continues to bear pressure; Northeast supply transaction blockage led to downstream price expectations for the later period, wait-and-see, etc. mainly, market supply and demand weakness dragged down, business community butadiene analysts predict that the short-term domestic butadiene market continues to decline trend, it is recommended that attention be paid to the completion of the downward trend. Hand in the guidelines.