This week, the domestic butadiene market was slightly sorted out. According to the sample data monitored by the business agency, the domestic butadiene market price was 9938 yuan / ton at the beginning of the week and 9856 yuan / ton at the weekend, with a decrease of 0.83% during the week, a rise of 7.81% on a month on month basis and a rise of 9.10% on a year-on-year basis.
The external supply price of butadiene of Sinopec production enterprises is as follows:
Enterprise, price (yuan / ton), plant dynamics
Normal operation of 10100 165000 T / a unit in Zhenhai Refining and Chemical Co., Ltd
Normal operation of 10.12 million T / a unit in Shanghai Petrochemical Company
Normal operation of 10.12 million T / a unit in Yangzi Petrochemical Company
Sinopec’s 101.2 million T / a plant is in normal operation and mainly supplied by each other
Maoming Petrochemical’s 101.15 million T / a unit is in normal operation, mainly for mutual supply and a small amount of export
Guangzhou Petrochemical’s 101.03 million T / a plant is in normal operation, mainly supplied by each other and exported in a small amount
Shutdown and maintenance of Wuhan ethylene plant with a capacity of 101.13 million tons / year
External market: as of December 3, the external price of butadiene in Asia was stable: FOB Korea closed at 1335-1345 US dollars / ton; CFR China closed at 1305-1315 US dollars / ton. The external price of butadiene in Europe rose: FOB Rotterdam closed at US $1010-1020 / T, stable; FD northwest Europe closed at 705-715 euro / T, up 10 euro / T.
In the future, the downstream synthetic rubber market rose slightly, while the external price increased in a narrow range. On the negative side, some parking devices were restarted, and the market supply in the later period will be further increased, and the downstream will slightly resist the high price. Business agency butadiene analysts predict that the short-term domestic butadiene market narrow range finishing.
PVA |