SunSirs: Domestic and International 1,3-Butadiene Price Trends on March 18

Domestic 1,3-Butadiene Market Trends

On March 18, the SunSirs benchmark price for 1,3-Butadiene stood at 15,116.67 RMB/ton, representing an increase of 51.27% compared to the beginning of the month (9,993.33 RMB/ton).

Sinopec’s 1,3-Butadiene Ex-Factory Prices on March 18:

Sinopec East China Sales Company has set the 1,3-Butadiene price for Shanghai Petrochemical, Zhenhai Refining & Chemical, and Yangzi Petrochemical at 15,200 RMB/ton—a decrease of 500 RMB/ton compared to the previous trading day.

Sinopec North China Sales Company has set the 1,3-Butadiene price for Sino-Saudi (Tianjin) Petrochemical at 15,200 RMB/ton—a decrease of 500 RMB/ton compared to the previous trading day.

Sinopec Central China Sales Company has set the 1,3-Butadiene price for Sino-Korean (Wuhan) Petrochemical at 15,200 RMB/ton, a decrease of 500 RMB/ton compared to the previous trading day.

Sinopec South China Sales Company's 1,3-Butadiene quotations are as follows: Guangzhou Petrochemical, Maoming Petrochemical, and Zhongke Refining & Chemical are implementing a price of 15,200 RMB/ton, a decrease of 500 RMB/ton compared to the previous trading day.

International 1,3-Butadiene Price Trends

On March 18, the Asian 1,3-Butadiene market closed higher by $50/ton: specifically, the FOB Korea price was quoted at $2,075–$2,083/ton, and the CFR China price at $2,095–$2,103/ton.

On March 18, the international 1,3-Butadiene market closed flat: European 1,3-Butadiene FOB Rotterdam settled at $1,200–1,208/ton, while FD Northwest Europe settled at €990–998/ton.

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