Price trend:
According to the SunSirs' commodity market analysis system, the domestic 1,3-butadiene market fluctuated upwards during this period. From November 10th to November 17th, 2025, 1,3-butadiene prices rose from 6,900 RMB/ton to 6,966.67 RMB/ton, an increase of 0.97%. During this period, the domestic 1,3-butadiene market fluctuated upwards. Earlier price declines attracted some downstream buyers to replenish their inventories, improving the trading atmosphere in the spot market and leading to a slight recovery in spot prices. Refineries generally maintained a strong price-supporting attitude, making it difficult to find low-priced goods in the market, resulting in an overall price increase. However, due to persistently weak downstream demand, the increase was limited.
Market Analysis
Cost side: According to data from the SunSirs' commodity market analysis system, as of November 14th, the settlement price of the December contract for US WTI crude oil futures was $60.09 per barrel. The settlement price of the January contract for Brent crude oil futures was $64.39 per barrel.
Supply side: Sinopec's sales companies were listing 1,3-butadiene at 7,000 RMB/ton.
Jilin Petrochemical's 340,000-ton/year 1,3-butadiene unit was operating normally, with 290 tons sold externally at a base price of 6,400 RMB/ton, and transactions occurring at 6,430-6,450 RMB/ton.
Dongming Petrochemical's 50,000-ton/year 1,3-butadiene unit was operating normally, with 224 tons sold externally at a base price of 6,950 RMB/ton.
Satellite Chemical's Lianyungang Petrochemical 90,000-ton/year 1,3-butadiene unit was operating normally, with a price of 7,000 RMB/ton.
On the demand side: According to the commodity market analysis system of SunSirs, the BR market saw a slight increase. On the one hand, the price of raw material 1,3-butadiene weakened and declined, significantly lowering the cost center of BR; some previously shut-down plants restarted, leading to a slight increase in BR operating rates and a slight increase in supply pressure; on the other hand, downstream tire production rebounded slightly, supporting the immediate demand for BR, but resisting high-priced supplies. The fundamentals of BR remained weak. As of November 17, the BR market in Northwest China saw a slight increase, with BR futures prices fluctuating narrowly, and traders raising their offers slightly by 50-100 RMB/ton. As of November 17, the mainstream price for BR in Sichuan, Dushanzi, and Lande was 10,600-10,800 RMB/ton.
Market Forecast:
Recent spot market trading was relatively active, with refineries maintaining a strong stance on prices. However, the supply side remained relatively loose, coupled with a weakening international market, limiting upward momentum. The 1,3-butadiene market is expected to fluctuate with a slightly upward bias in the short term, with a focus on downstream procurement demand.
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.