Price trend
On February 19th, the mainstream delivery price of butadiene in Shandong region was between 11,550-11,700 RMB/ton. The self pickup price for container shipments in the East China region was between 11,300-11,400 RMB/ton, a decrease from the previous trading day.
Analysis review
Downstream wait-and-see sentiment was strong, market prices have been widely lowered, and there have been some bargain hunting inquiries in the market. The recent loose supply has led to a weakening of spot market prices.
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