Price trend
According to the monitoring data of SunSirs, the average price of domestic butadiene from production enterprises on June 16 was 11,377 RMB/ton, an increase of 18.68% month-on-month and a year-on-year increase of 33.56%.
Analysis review
In terms of market price, the mainstream transaction price of butadiene in East China was 10,650 RMB/ton; the mainstream transaction price of butadiene in Shandong Luzhong area was 11,100 RMB/ton.
It was difficult for the market supply side to had a significant positive boost, the demand continued to be weak, coupled with the decline in crude oil, it was difficult to find supporting factors on the news side.
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