Price trend

On December 23rd, the mainstream delivery price of butadiene in Shandong region was between 11,200-11,250 RMB/ton, an increase from the previous trading day. The self pickup price for container delivery in the East China region had increased from the previous trading day at 10,800 RMB/ton.

Analysis review

Recently, the supply in the spot market has been slightly tight, which has once again boosted market sentiment. The atmosphere in the spot market has strengthened recently, and holders of goods had a strong mentality of supporting prices.

Market outlook

It is expected that the butadiene market will operate steadily with stronger trend in the short term.

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