International crude oil closed lower, with WTI main contract closing at 90.82 dollars/barrel and Brent main contract closing at 96.01 dollars/barrel.
The price of raw butadiene continued to decline. As of October 10, the domestic butadiene producer price was 7,940 yuan/ton, and the price fell sharply by 4.38% after the National Day.
On November 11, the market atmosphere of BR was stalemate in the morning market, the high international crude oil price fell back, and the butadiene producer price fell slightly, so the cost of BR was weak; However, Huayu and other BR devices are shut down for maintenance, and the short-term supply pressure of BR is relatively small; On the morning of October 11, the trading volume in the market was flat, and it was difficult for BR market to go up. To sum up, in the morning of October 11, the offer of butadiene rubber from Qilu, Daqing, Jinzhou, Sichuan, Dushanzi and Yangzi in East China was 12,800-13,600 yuan/ton. In the later stage, we need to pay attention to the changes in cost and demand.
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