Butadiene market stalemate consolidation

[comment] January 27th  chemical butadiene commodity index was 20.08, unchanged from yesterday, is the highest point in the 100 cycle (2011-09-13) fell 79.92% compared with February 5, 2015, the lowest point of 18.65 rose 7.67%. (Note: the cycle refers to 2011-09-01 so far)

Butadiene market stalemate consolidation, the current downstream factory sourcing, and some businesses ahead of the release of the Spring Festival butadiene inventory, Shandong, northeast and other places offer slightly go low; East China because exchange of low-cost supply is limited, and the import price is high and it is difficult to enter the market, so the part of merchants offer even support. In view of the poor downstream demand is expected in the short term, the market temporarily to stalemate in order for the butadiene main.

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