On August 25, the butadiene rubber (BR) market in the Southwest region consolidated at high levels. With crude oil prices fluctuating at the high end, downstream buyers made inquiries based on actual demand, while traders maintained high offer prices. Currently, mainstream offers for Sichuan BR stand at 14,700 RMB/tonne, and those for Dushanzi BR are at 14,800 RMB/tonne.
The Southwest BR market consolidated at high levels on August 25; high-level crude oil fluctuations provided cost support, downstream demand drove inquiries, and traders maintained firm offers. Mainstream quotes for Sichuan and Dushanzi supplies ranged from 14,700 to 14,800 RMB/tonne. The short-term trend for spot prices remains relatively strong, providing a moderately positive influence on pricing.
News regarding the BR market in this instance did not involve supply-demand dynamics, policies, or price changes within the chloroform industry; thus, the impact on chloroform prices is neutral.
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