Price trend
On March 20th, the mainstream delivery price of butadiene in Shandong region was between 11,150-11,300 RMB/ton. The self pickup price for container shipments in the East China region was between 11,000-11,100 RMB/ton, a decrease from the previous trading day.
Analysis review
The downstream synthetic rubber market trend was weak, maintaining purchases according to essential demand. On March 20th, mainstream domestic manufacturers lowered their ex factory prices, and the market negotiation center declined.
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