SunSirs: The Domestic Butadiene Market Atmosphere Rebounded on September 5th
September 06 2024 13:55:03 SunSirs (John)
On September 5th, the self pickup price of butadiene from the tank in East China was reduced by 25 RMB/ton to 12,550-12,600 RMB/ton.
On September 5th, the mainstream delivery price of butadiene in Shandong region was 13,050-13,100 RMB/ton, with an increase of 50 RMB/ton.
On September 5th, there was little fluctuation in the spot market quotations, and some traders in Shandong raised their quotations, which led to a slight rebound in market sentiment. The market atmosphere in East China was average, and prices slightly decreased.
As of September 5th, downstream synthetic rubber companies had a low intention to accept orders, and the market atmosphere was more wait-and-see. With a supply and demand game mentality, it is expected to experience a narrow range of fluctuations in the short term.
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