SunSirs: On July 6, the Butadiene Market Is Sorted at a Low Level
July 06 2022 14:33:26 SunSirs (John)Price trend
According to the monitoring data of SunSirs, the average price of domestic butadiene of production enterprises on July 6 is 10,412 RMB/ton, down 8.24% month-on-month and up 16.18% year-on-year.
Analysis review
In terms of market price, the mainstream inquiries and offers of butadiene in East China refer to the price range of 9,700-10,000 RMB/ton; the mainstream transaction price of butadiene in Shandong Luzhong region is 9,950 RMB/ton.
Under the concentrated influence of some supply-side news, the mentality of merchants has strengthened slightly. At the same time, the high supply cost in East China affects the firm offer intention, but the downstream rigid demand is limited, and some high-priced transactions are deadlocked.
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