SunSirs: The Price of Butadiene, the Raw Material of Butadiene Rubber, Fell Dlightly

https://www.chemnet.com   Apr 17,2023 SunSirs

On April 14, the benchmark price of butadiene rubber in SunSirs was 11,080.00 RMB/ton, which was -1.25% lower than that at the beginning of this month (11,220.00 RMB/ton).

This week (4.7~4.14) the butadiene rubber market is in a weak consolidation. According to SunSirs Commodity Market Analysis System, as of April 14, the domestic butadiene rubber price was 11,110 RMB/ton, down 0.54% from 11,170 RMB/ton last Friday, and the lowest point in the cycle was 11,080 RMB/ton. The price of butadiene, the raw material, dropped slightly, and the cost support of butadiene rubber was weak; during the period, the ex-factory price of butadiene rubber from butadiene rubber suppliers was temporarily stable, and the offers from merchants fell slightly. According to the monitoring of SunSirs, as of April 14, the ex-factory price of butadiene rubber of Sinopec North China Sales Company was quoted at 10,900 RMB/ton. As of April 14, the mainstream prices of butadiene rubber markets in Qilu, Yanshan, Yangzi, Dushanzi, and Sichuan were 10,850-11,400 RMB/ton.

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