SunSirs: There is No new Downstream Demand for 1,3-Butadiene in the Near Future
March 08 2023 09:58:08     Latest price of butadiene (March 6): 9450 RMB/ton, bearish in the future
Key points of analysis: the price on the 6th day fell by 2.70% compared with the previous trading day. At present, the overall increase in supply has dragged the spot market down. At present, the newly increased production capacity in some regions is put into operation normally, while some major production enterprises in Northeast China are exported, and the market is relatively abundant in spot supply. Downstream demand shows no obvious improvement.
Future forecast: the short-term butadiene market is dominated by weak consolidation.
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