SunSirs: On June 21st, the Domestic Butadiene Market Showed a Stronger Performance
June 21 2024 15:34:41 SunSirs (John)
The self delivery price of butadiene from the tank in East China is around 13,300 RMB/ton, which is temporarily stable.
The mainstream delivery price of butadiene in North China is around 13,500-13,600 RMB/ton, with an increase of 150 RMB/ton.
As the weekend approaches, the butadiene market maintains a high level of volatility. Currently, there is a strong wait-and-see sentiment in the market. There are rumors in the market that there will be maintenance plans for subsequent equipment, which has boosted the mentality of the spot market. Today, traders have slightly raised their prices, and it is expected that the market will experience a high level of volatility in the short term.
On June 20th (Thursday), the external price of butadiene remained stable: FOB Korea was quoted at 1,445-1,455 US dollars/ton; China CFR was quoted at 1,495-1,505 US dollars/ton; European butadiene FOB Rotterdam closed at 1,160-1,170 US dollars/ton; FD Northwest Europe remained stable at 1,065-1,075 euros/ton.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
