On May 8, market prices for butadiene rubber in the East China region trended slightly lower. With the abatement of conflict risks in the Middle East leading to a retreat in international crude oil prices from recent highs, suppliers of butadiene rubber lowered their quoted prices by 400 RMB per ton. Consequently, spot market traders adjusted their offers downward by approximately 150 to 250 RMB per ton. Currently, quotes for butadiene rubber from major producers—including Daqing, Yangzi, and Qilu—range between 15,750 and 15,900 RMB per ton, while offers for certain private-label brands hover around 15,600 to 15,800 RMB per ton.

At the spot market level, ex-factory prices from suppliers in East China were reduced by 400 RMB per ton, prompting traders to lower their offers by 150 to 250 RMB per ton in response. Furthermore, the easing of Middle East conflict risks drove international crude oil prices down from their recent peaks, thereby weakening cost-side support; as a result, spot prices faced downward pressure and edged lower. On the futures front, the benchmark SHFE Butadiene Rubber 2606 contract closed on May 7 at 15,660 RMB per ton—a decline of 550 RMB per ton from the previous trading day. Trading volume reached 290,507 lots, with open interest standing at 46,022 lots. Futures prices moved downward in tandem with the bearish shift in market fundamentals, indicating that downward pressure persists in the short term.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.