SunSirs: The Domestic 1,3-Butadiene Market Adjusted Slightly

https://www.chemnet.com   Aug 16,2024

The price of 1,3-butadiene from the can in East China was about 12,250 RNB/ton, down 50 RNB/ton.

The mainstream delivery price of butadiene in North China was about 12,750 RNB/ton, unchanged.

The downstream continued to maintain rigid demand purchases, and there was no obvious news guidance on the supply and demand side recently. The overall market fluctuated in a narrow range, and the market atmosphere was relatively stalemate. Under the mentality of supply and demand game, the market is expected to fluctuate in a narrow range in the short term, waiting for further news guidance.

On Wednesday (August 14), the closing price of 1,3-butadiene in the foreign market was partially raised: among them, South Korea FOB reported 1495-1505 US dollars/ton, unchanged; China CFR on August 8 reported 1505-1515 US dollars/ton, unchanged; European butadiene FOB Rotterdam closed at 1175-1185 US dollars/ton, unchanged; FD Northwest Europe closed at 1105-1115 euros/ton, an increase of 20 euros/ton.

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

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