The increase of export volume drove the butadiene market up rapidly in May. The widening price gap between Europe, the United States and Asia boosted the increase of butadiene export and domestic spot market. According to the sample data monitored by the business community, the domestic butadiene market price was 6787 yuan / ton at the beginning of the month, and 7378 yuan / ton at the end of the month, with an increase of 8.71% within the month and a year-on-year increase of 76.34%.

In May, the domestic butadiene market fluctuated upward, and the price increase increased at the end of the month. Recently, the external market rose strongly, and the price difference between the internal and external markets boosted the export increment of domestic sources of goods, alleviated the pressure on domestic supply to a certain extent, and boosted the domestic butadiene market to rise gradually in the middle and late May. We heard that the production of new production capacity was delayed in the middle and late ten days, and the butadiene market went out of a wave of rising trend with the help of high external market and export. During the month, some of the devices were gradually restarted, and domestic production increased. In addition, businesses had poor expectations for the mid-term market from June to July, and the market trading was more cautious. However, the short-term market atmosphere was strong, and the market focus was dominated by suppliers, so it was difficult to find low-cost goods in the market.

In terms of enterprises, Sinopec East China butadiene supply price has increased by 600 yuan / ton month on month, with 7500 yuan / ton as of May 31; The 50000 T / a butadiene extraction unit of Yantai Wanhua was in normal operation, and a small amount of goods were limited for export. As of May 31, the price was 8000 yuan / T; The 64000 T / a butadiene plant of Shenhua Ningshan coal has been in stable operation, and some of the goods are exported. As of May 31, the price was 7800 yuan / T; During the month, a total of 940 tons of goods from Huajin and Bora petrochemicals were sold through online auction. Fushun Petrochemical plant was restarted, but there was no export for the time being.

External price: as of June 1, the external price of butadiene in Asia was adjusted: FOB Korea closed at US $1045-1055 / T, stable; CFR China closed at US $1055-1065 per ton, up US $10 per ton. The external price of butadiene in Europe was stable: FOB Rotterdam closed at US $1410-1420 / T; FD northwest Europe closed at 1155-1165 euros / ton.

region ., Country. Closing price. Up and down

Asia FOB Korea USD 1045-1055 / T 0 USD / ton

Asia CFR China 1055-1065 USD / T US $10 / T

Europe FOB Rotterdam 1410-1420 USD / T / USD / T

Europe FD northwest Europe 1155-1165 euro / ton / EUR / T

At present, the domestic butadiene market has been rising rapidly in the early stage, and the transaction needs to be followed up. The downstream synthetic rubber market is weak, and the new production capacity of China and South Korea is expected to be put in. Business community butadiene analysts expect short-term domestic butadiene market consolidation.