SunSirs: On July 25th, the Domestic Butadiene Market Quotation Was Slightly Lowered

Price trend

On July 25th, the self pickup price of butadiene from the tank in East China was around 12,950 RMB/ton, a decrease of 50 RMB/ton.

On July 25th, the mainstream delivery price of butadiene in North China was around 13,250 RMB/ton, a decrease of 100 RMB/ton.

The downstream inquiry mentality was cautious, and there was no significant change in the supply and demand side. The market mentality was wait-and-see, and the market quotation slightly declined on the 25th, indicating a strong supply-demand game mentality.

On Wednesday (July 24th), butadiene closed steadily in foreign markets: among them, the FOB price in South Korea was quoted at 1,545-1,555 US dollars/ton, unchanged; China CFR quoted at 1,555-1,565 US dollars/ton, unchanged; European butadiene FOB Rotterdam closed at 1,170-1,180 US dollars/ton, unchanged; FD Northwest Europe closed at 1,065-1,075 euros/ton, unchanged.

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