SunSirs: The Domestic Butadiene Market Saw a Slight Increase on December 17th
December 18 2024 15:34:01 SunSirs (John)
Price trend
On December 17th, the mainstream delivery price of butadiene in Shandong region was between 10,800-10,950 RMB/ton, an increase of 50 RMB/ton compared to the previous trading day. The self pickup price for container shipments in the East China region was between 10,500-10,550 RMB/ton, an increase of 50 RMB/ton from the previous trading day.
Analysis review
Recently, the downstream synthetic rubber market has performed well, driven by downstream factors, and the spot market has been experiencing a strong atmosphere, with holders showing a strong willingness to support prices. The supply in the spot market was slightly tight, which has once again boosted market sentiment.
Market outlook
It is expected that the butadiene market will be stable with a stronger trend in the short term.
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