First, the price trend
Recently, the market for butadiene has temporarily stabilized. Business community monitoring showed that as of September 12, the price of butadiene was 12,871 yuan / ton, and the price rose 10.38%.
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Second, the analysis of influencing factors
Product: The domestic butadiene market price is stable. The manufacturer’s supply price is stable, the merchants’ sales intentions are limited, the external quotation remains stable, and the enthusiasm for downstream receiving intentions has weakened. The bidding situation of the big factories in the north was better than expected. Some private enterprises in Shandong increased their supply prices to 13,100 yuan/ton. The downstream enquiries were more enthusiasm and the traders shipped smoothly. There are not many news reports on the butadiene market in East China. Traders are concerned about the transaction situation in the northern market and have not heard about the transaction. Asian butadiene closing price, FOB Korea average price offer 1614 US dollars / ton; CFR China average price offer 1618.5 US dollars / ton.
Industry chain: downstream, styrene-butadiene rubber: domestic styrene-butadiene rubber market rebounded. The supplier stabilized the price of styrene-butadiene rubber, the business mentality was supported, the offer price rebounded slightly, and the negotiated price also followed up, and the buyer continued the purchase of small orders. Butadiene rubber, the domestic butadiene rubber market rebounded. The merchant’s trading mentality was supported, the offer price was slightly explored, and there was little intention of low-cost shipping, and the transaction price was shifted upwards. SBS: The domestic SBS market oil rubber and dry rubber roads were narrowly arranged and the atmosphere was light.
Third, the market outlook
On the positive side, the domestic butadiene market supply is still tight, some private enterprises have low operating load, and some manufacturers have raised their supply prices. On the negative side, downstream buyers have limited ability to accept high prices, and the external market is weak. The butadiene analysts of the business community expect that the butadiene market price will fluctuate and consolidate in the short term.
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