The atmosphere of butadiene market in East China is stronger, boosted by the rising market in the north, coupled with the limited spot resources in the market, merchants are reluctant to sell at low prices, and the self delivery price of cans is about 9900 RMB/ton. Although the downstream inquiry is limited, it is difficult to find low-cost goods.
On April 22, some domestic butadiene manufacturers suspended export sales：
The 60000 T / a butadiene extraction unit of Shandong Weite chemical is in normal operation, and its downstream butadiene rubber unit is shut down. It is suggested to pay attention to the output and export of butadiene.
The 50000 T / a butadiene extraction unit of Puyang Bluestar new materials Co., Ltd. operates stably, a small amount of goods are exported, and there is no external quotation for the time being.
Shandong Huayu rubber 60000t / a butadiene extraction unit has been shut down since January 8, 2020 and restarted in early December. Some of the goods are for self use and some are exported. (for reference only)
The 64000 T / a butadiene extraction unit of shenhuaning coal operates normally. At present, a small amount of goods are exported, and the price is increased by 100 RMB/ ton to 9650 RMB/ ton.
It is reported that Qixiang Tengda 100000 t / a oxidative dehydrogenation unit is currently in stable operation. The unit is planned to be shut down for maintenance for about 10 days in late September, and the downstream CIS polybutadiene rubber unit will be overhauled simultaneously.
The external price of butadiene in Asia fell: FOB Korea closed at US $1405-1415 / ton; CFR China closed at US $1365-1375 / ton, down US $40 / ton.
| Region | Country | Closing price | Rise and fall |
| Asia | FOB Korea | USD 1405-1415 / ton | 0 |
| Asia | CFR Chian | USD 1365-1375 / ton | USD-40/ ton |
| Europe | FOB Rotterdam | USD 1550-1560 / ton | 0 |
| Europe | FD northwest Europe | USD 1385-1395 / ton | 0 |
The external price of butadiene in Europe remained stable: FOB Rotterdam closed at US $1550-1560 / ton; FD northwest Europe closed at 1385-1395 euros / ton.
The market price of butadiene in North China continues to rise. The downstream replenishment before the festival brings support to the merchant mentality in the face of demand. In addition, the spot supply is still relatively tight and the market atmosphere is stronger. The delivery price in central Shandong is about 10350-10500 RMB/ton, which is negotiated on a single basis.
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