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SunSirs: On June 23, the Butadiene Market Fluctuated and Sorted out

June 23 2022 13:55:46     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, the average price of domestic butadiene production enterprises on June 23 is 11,224 RMB/ton, a month-on-month increase of 10.90% and a year-on-year increase of 27.15%.

Analysis review

In terms of market price, the mainstream transaction price of butadiene in East China is 11,250 RMB/ton; the mainstream transaction price of butadiene in Shandong Luzhong area is 11,350 RMB/ton.

The supply side has been supplemented to a certain extent, the demand remains relatively weak, and the market lacks continued upward momentum.

Market outlook

In the short term, the butadiene market is mainly volatile and sorted out.

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