Price trend

On July 25th, the self pickup price of butadiene from the tank in East China was around 12,950 RMB/ton, a decrease of 50 RMB/ton.

On July 25th, the mainstream delivery price of butadiene in North China was around 13,250 RMB/ton, a decrease of 100 RMB/ton.

The downstream inquiry mentality was cautious, and there was no significant change in the supply and demand side. The market mentality was wait-and-see, and the market quotation slightly declined on the 25th, indicating a strong supply-demand game mentality.

On Wednesday (July 24th), butadiene closed steadily in foreign markets: among them, the FOB price in South Korea was quoted at 1,545-1,555 US dollars/ton, unchanged; China CFR quoted at 1,555-1,565 US dollars/ton, unchanged; European butadiene FOB Rotterdam closed at 1,170-1,180 US dollars/ton, unchanged; FD Northwest Europe closed at 1,065-1,075 euros/ton, unchanged.

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