Butadiene market price has broken through, narrow range up

Recently, the domestic butadiene market continued to rise. According to the sample data monitored by the business community, as of February 22, the domestic butadiene market price was 6747 yuan / ton, up 9.09% month on month and 5.54% year on year.

 

The domestic butadiene market continued the upward trend, Sinopec’s supply price continued to rise, and the external transaction price rose, so the market continued to be bullish in the short term.

 

In terms of enterprises, Sinopec’s butadiene supply price rose by 300 yuan / T to 7300 yuan / T after rising 500 yuan / T to 7000 yuan / T at the end of last week; Huajin butadiene plant in North China is in normal operation, mainly in the downstream of pipeline transportation, with no supply for export; Dalian Hengli butadiene price increased by 250 yuan / T to 7210 yuan / T.

 

The external supply price of butadiene of main production enterprises is as follows:

 

Enterprise. Price (yuan / ton). Plant dynamic

The butadiene plant of Liaoyang Petrochemical Co., Ltd. with a capacity of 70.503 million tons / year has been in stable operation, and a small amount of goods are exported

Dalian Hengli 7910 normal export

Liaotong Chemical Co., Ltd

Fushun Petrochemical Company

Normal operation of 70810007000t / a butadiene oxidative dehydrogenation unit in Inner Mongolia Jiutai

External market: as of the close on February 19, the external price of butadiene in Asia rose: FOB Korea closed at US $835-845 / T, up US $70 / T; CFR China closed at US $855-865 / T, up US $50 / T. The external price of butadiene in Europe rose: FOB Rotterdam closed at 675-685 US dollars / ton, up 30 US dollars / ton; FD northwest Europe closed at 625-635 euro / ton, up 30 euro / ton.

 

In the future, the external transaction price continues to rise, and the downstream rubber industry chain market continues to rise as a whole. Boosted by the news, business community butadiene analysts expect that in the short term, domestic butadiene supplier prices will continue to rise

Gamma PGA

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