On June 9, the BR market in East China continued to weaken. With international crude oil prices edging lower and downstream buyers limiting inquiries to immediate needs, offer prices for BR were reduced; spot market quotes dropped by approximately 200–300 RMB/tonne. Currently, Daqing and Yangzi brands are quoted at 13,750–14,000 RMB/tonne, while some private brands are quoted around 13,500–13,750 RMB/tonne.
Spot Market: The East China BR market faced downward pressure on June 9. Reduced support from slightly lower international crude oil prices and limited follow-through in downstream demand—with inquiries restricted to immediate needs—led traders to lower quotes by 200–300 RMB/tonne, resulting in a weak price trend. Futures Market: The main contract (2607) for BR (butadiene rubber) on the Shanghai Futures Exchange closed at 13,185 RMB/tonne on June 9, down 295 RMB/tonne from the previous trading day. Trading volume increased significantly, and open interest rose by 6,772 lots. Bearish sentiment was strong, driving a weak price trend and exerting a generally bearish influence on overall pricing.
SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.