Price trend

According to the monitoring data of SunSirs, the average price of domestic butadiene of production enterprises on June 6 was 11,346 RMB/ton, an increase of 15.51% month-on-month and a year-on-year increase of 49.39%.

In terms of market price, the mainstream transaction price of butadiene in East China was 11,800 RMB/ton; the mainstream transaction price of butadiene in Shandong Luzhong region was 12,000 RMB/ton.

Analysis review

Supported by the high export price of the source of goods and the high price of internal and external disks, it was difficult for the butadiene market to have low-priced supply in the short term; however, poor downstream profits had led to a decline in capacity utilization, and the domestic spot market demand was weak, and there was also some drag.

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