Price trend
On November 1st, the self pickup price of butadiene from the tank in East China was 11,200-11,300 RMB/ton, a decrease of 300 RMB/ton from the previous trading day.
On November 1st, the mainstream delivery price of butadiene in Shandong region was between 11,550-11,600 RMB/ton, a decrease of 400 RMB/ton compared to the previous trading day.
Analysis review
The synthetic rubber market continued to weaken, with limited downstream inquiry atmosphere and a slight shift in market focus. The spot market continued to decline on December 1st, and the trading atmosphere was slightly quiet, with downstream investors generally observing the situation.
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