Price Trend

The domestic butadiene market has fallen slightly recently. Business Association monitoring showed that the price of butadiene was 8412 yuan per ton as of July 3.

II. Analysis of Influencing Factors

Products: Domestic butadiene market weakness slightly declined, a small number of high-grade goods in Jiutai, Inner Mongolia export in the afternoon, market supply increment, increased downstream inquiry cautious attitude, dragging the market slightly down. The delivery price in Shandong is 8350-8450 yuan/ton, while the reference price in East China is 8800-8850 yuan/ton, which is on the weak side.

On the market side, the market of butadiene in East China is weak, the intention of downstream inquiry is limited, the intention of intermediaries to offer is not high, the delivery price of high-grade products maintains 8850-8900 yuan/ton, and the negotiation of real orders is weak. North China butadiene market trading atmosphere is weak, northern manufacturers have export expectations, the downstream part of the digestion of inventory, middlemen high-quality goods delivered to the offer at about 8500-8550 yuan/ton, the actual single negotiation.

Installation: Yangtze Petrochemical 220,000 tons/year plant, 3

3. Future Market Forecast

Under the continuing weakness of downstream demand, the supply of goods from some factories in the North has been restarted for export, and the increasing supply of spot market has aggravated the atmosphere of market skewness. In the short run, the supply and demand fundamentals of the northern market are weak. Although the spot resources in East China are not large, the downstream rubber market declines, which results in the negative of some downstream manufacturers. The butadiene market fundamentals are difficult to support. Business analysts predict that the domestic butadiene market is weak in the short run. They suggest that manufacturers be the most concerned. New Price and Transaction Guidelines.