This week, the market for butadiene market fluctuated within a narrow range. The monitoring of the business community showed that the price of butadiene was 12,940 yuan/ton at the beginning of the week, and the market price of butadiene was 12,000 yuan/ton on the weekend. The decrease was 0.31% in the week and the price rose by 35.49%.

Second, the analysis of influencing factors

Products: This week, the performance of domestic butadiene market is relatively stable. There are not many low-priced goods in the domestic market. Traders are waiting for a steady price, and downstream buyers are just waiting for inquiry. At present, the price of butadiene in the outer disk continues to be high, and the supply of imported butadiene is too small, resulting in a tight supply of domestic sources. The butadiene market in Shandong remained stable, the news was not strong, the traders were reluctant to sell at low prices, and the downstream buyers just needed to enquire, and the overall trading atmosphere was stable. The cautious sentiment in the butadiene market in East China still exists, traders are waiting for a steady price, downstream buyers are just waiting for the inquiry, and the overall market sentiment is stable and weak. Asian butadiene closing price, FOB Korea average price of 1718 US dollars / ton; CFR China average price of 1698.5 US dollars / ton.

Industry chain: downstream, styrene-butadiene rubber: As natural rubber remained weak, and because the butadiene outer disk continued to fall, the domestic styrene-butadiene rubber market showed a weak downward trend, and the industry’s offer continued to fall and the low-end prices were frequently heard. Butadiene rubber, the domestic butadiene rubber market volatility. The overall market offer was low, and buyers entered the market to purchase at a reduced price, and sporadic sources of goods were sold. SBS: The domestic SBS market oil rubber and dry rubber roads were narrowly adjusted, and the atmosphere was flat.

On the positive side, the supply of butadiene market is still tight, and the operating load of some private enterprises is low. On the negative side, downstream buyers have limited ability to accept high prices, US dollar prices and RMB prices are close, export arbitrage window is closed, downstream synthetic rubber industry is in a downturn, and northern big factories are not doing well. The butadiene analysts of the business community expect that the domestic butadiene will continue to tidy up the market and pay attention to the export policy guidelines of the North.