First, the price trend

Recently, the market for butadiene has fallen. Business community monitoring showed that as of September 6, the price of butadiene was 13,060 yuan / ton, the day fell 2.17%, the price rose 19.81%.

Second, the analysis of influencing factors

Products: Domestic butadiene market quotation has further declined. Some players are concerned about the increase in the sales volume of Fushun Petrochemical and the cautious wait and see. Traders refer to the manufacturer’s price offer, and the downstream maintenance just needs inquiry. The market enquiry atmosphere in Shandong is still acceptable. The downward adjustment of Fushun Petrochemical’s supply price has increased the wait-and-see attitude of the industry. Some merchants have paid attention to the slight increase in market supply and lowered the offer. Trading in the butadiene market in East China remained stable. I heard that there were cargoes arriving in Hong Kong recently. However, traders were reluctant to ship at lower prices, and downstream buyers were just waiting for the inquiry. Asian butadiene closing price, FOB Korea average price offer 1689 US dollars / ton; CFR China average price offer 1718.5 US dollars / ton.

Industry chain: downstream, styrene-butadiene rubber: domestic styrene-butadiene rubber market fell. The market enquiry atmosphere was light, the merchants were not well shipped and the offer was slightly down. Some of the sources talked about the price and the price was small, and the transaction volume was small. Butadiene rubber, the domestic butadiene rubber market fell. Butadiene continues to fall, and buyers are buying at a lower price. Some merchants are shipping down, and the price range is down, and the volume is not much. SBS: Some brands of oil rubber and dry rubber roads in the domestic SBS market have been pushed up, and the small orders in the market are mainly sold.

Third, the market outlook

On the positive side, the supply of goods in the market is in short supply, and the operating load of some private enterprises is low. On the negative side, downstream buyers have limited ability to accept high prices, and the external market is weak. Fushun Petrochemical’s export of butadiene is expected to increase, and some manufacturers’ prices are lowered. The butadiene analysts of the business community expect that the butadiene market will be dominated in the short term, focusing on the changes in market supply.