Price trend
On April 17th, the mainstream delivery price of butadiene in Shandong region was between 8,600-8,700 RMB/ton. The self pickup price for container delivery in East China was between 8,500-8,600 RMB/ton, which was lower than the previous trading day's price.
Analysis review
The downstream synthetic rubber market demand was relatively weak, and the spot market had a strong bearish mentality. Market prices have been lowered, and the downstream market was mainly wait-and-see, with less trading.
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