Price trend

On November 12th, the self pickup price of butadiene from the tank in East China was between 10,150-10,250 RMB/ton, a decrease of 100 RMB/ton from the previous trading day.

On November 12th, the mainstream delivery price of butadiene in Shandong region was between 10,350-10,450 RMB/ton, a decrease of 50 RMB/ton compared from the previous trading day.

Analysis review

The synthetic rubber futures market fell, with limited downstream inquiry atmosphere. The spot market quotations were lowered on November 12th, and the trading atmosphere was slightly quiet. Downstream investors were watching and there were fewer actual transactions in the market.

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