The domestic butadiene market continues the weak downward trend. Although the FOB price in South Korea is higher, the domestic supply and demand continues to be weak. According to the sample data monitored by business society, as of August 9, the domestic butadiene market price was 10957 yuan / ton, with a month on month increase of 16.86% and a year-on-year increase of 146.18%. In terms of price, the price range in central Shandong is about 11550-11700 yuan / ton; The self lifting price of East China’s tank delivery decreased slightly to about 11300 yuan / ton.

With the launch of new production capacity and the planned restart of some units, the supply side of the domestic butadiene market has been widened to a certain extent. In addition, the start-up of the synthetic rubber industry has decreased and the cost side is under pressure, which affects the fundamentals of butadiene supply and demand and is difficult to find a significant positive boost. However, the recent strong upward performance of the external market may support the downward space of the butadiene market.

In terms of enterprises, Fushun Petrochemical’s 160000 T / a butadiene extraction unit operates normally, 300 tons of goods are sold through competitive bidding, and the base price of the bidding is 11500 yuan / ton. The 140000 T / a butadiene unit of Dalian Hengli Petrochemical operates stably, the source of goods is normal for export, and the price is reduced by 100 yuan / ton to 11110 yuan / ton. The 30000 T / a butadiene unit of Liaoyang Petrochemical operates stably, with a small amount of goods for export, and the latest transaction price is 11060 yuan / ton.

In terms of external market: as of August 6, the price of butadiene in Asia rose: FOB Korea closed at US $1625-1635 / T, up US $40 / T; CFR China closed at US $1555-1565 / T, up US $60 / T. The external price of butadiene in Europe rose: FOB Rotterdam closed at US $2045-2055 / ton, stable; FD northwest Europe closed at 1595-1605 euros / ton, up 20 euros / ton.

region ., Country, closing price, up and down

Asia FOB Korea USD 1625-1635 / ton USD 40 / ton

Asia CFR China USD 1555-1565 / T USD 60 / ton

Europe FOB Rotterdam USD 2045-2055 / T USD 0 / ton

Europe FD northwest Europe 1595-1605 euros / ton 20 euros / ton

International crude oil prices fell significantly, affecting the atmosphere of the whole chemical industry. However, with the impact of the slow improvement of the external market, the decline of the domestic butadiene market is expected to slow down. Business analysts expect the market to be mainly sorted out.