SunSirs: China Shanghai BR Market and SBR Market Fluctuated on September 27

https://www.chemnet.com   Sep 29,2024 SunSirs

On September 27th, the market for BR in Shanghai fluctuated at a high level. The futures price of BR fluctuated at a high level, downstream demand inquiries, and the price of butadiene stabilized at a high level, with slight adjustments in merchant offers. At present, the mainstream prices in Daqing, Sichuan, and Yangtze Shunding are 16,000-16,200 RMB/ton.

On September 27th, the market situation of SBR in Shanghai fluctuated and consolidated. The price of raw material butadiene is high, and downstream inquiries are mainly small orders. The ex factory price of SBR remains firm, and there is a slight adjustment in the high quoted prices by merchants. Qilu, Jihua, Yangzi, and Fushun reported mainstream prices of styrene butadiene 1502 around 16,600-16,800 RMB/ton.

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