Price trend

On April 9th, the mainstream delivery price of butadiene in Shandong region was between 9,400-9,600 RMB/ton. The self pickup price for container delivery in the East China region was between ,000-9,200 RMB/ton, which was lower than the previous trading day's price.

Analysis review

The downstream synthetic rubber futures market has experienced a significant decline, dragging down the sentiment of the spot market. On April 9th, the spot market had a strong bearish sentiment, with major refineries significantly lowering their quotes and downstream companies mainly adopting a wait-and-see approach, resulting in less trading.

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