Price trend
On February 20th, the mainstream delivery price of butadiene in Shandong region was between 11,650-11,750 RMB/ton. The self pickup price for container delivery in East China ranged from 11,300 to 11,450 RMB/ton.
Analysis review
With the decline in spot market prices, downstream purchasing intentions have significantly increased, and market trading has improved compared to the previous period. Some demand inquiries on dips have been made, and the market was running steadily but tended to be weaker.
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