SunSirs: On July 17th, the Domestic Butadiene Market Operated to Be Weaker

https://www.chemnet.com   Jul 18,2024 SunSirs

On July 17th, the self pickup price of butadiene from the tank in East China remained stable at around 12,950 RMB/ton.

On July 17th, the mainstream delivery price of butadiene in North China was around 13,200 RMB/ton, a decrease of 50 RMB/ton.

The weak downstream demand had dragged down the market mentality, and the recent supply was still acceptable, which had not boosted market sentiment enough. The market atmosphere was stable but weaker, and prices were falling. Some downstream purchased on demand.

On Tuesday, July 16th, the closing price of butadiene in foreign markets was partially lowered: among them, the FOB price in South Korea was quoted at 1,535-1,545 US dollars/ton, unchanged; China CFR was quoted at 1,555-1,565 US dollars/ton, unchanged; European butadiene FOB Rotterdam closed at 1,190-1,200 US dollars/ton, down 10 US dollars/ton FD Northwest Europe closed at 1,075-10,85 euros/ton, unchanged.

If you have any questions, please feel free to contact SunSirs with?support@SunSirs.com.

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