SunSirs: The Domestic Butadiene Market Operated to Be Weaker on August 6th
August 07 2024 09:33:12 SunSirs (John)
Price trend
On August 6th, the self pickup price of butadiene from the tank in East China was around 12,150 RMB/ton, a decrease of 150 RMB/ton.
On August 6th, the mainstream delivery price of butadiene in North China was around 12,450 RMB/ton, a decrease of 100 RMB/ton.
Analysis review
As of August 6th, the downstream synthetic rubber market was still running weakly, with insufficient overall purchasing power and a strong wait-and-see attitude, resulting in a generally low market atmosphere. The spot market was generally operating to be weaker.
Market outlook
It is expected that the butadiene market will continue to maintain a stable to weaker trend in the short term.
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