butadiene market goes up at a high level

Price Trend

The domestic butadiene market has been rising recently. As of September 18, the price of butadiene was 1012 yuan/ton, rising by 10.11% annually and falling by 11.06% year-on-year, according to business association monitoring.

II. Analysis of Influencing Factors

Products: The domestic butadiene market continues to rise, the inventory of export manufacturers is low, the short-term rally stimulates the enthusiasm of downstream inquiries, Sinopec and Northern export manufacturers have substantially increased their prices, boosting the overall market high up. In terms of price, the high-grade products in Shandong are sent to the price reference of 11700-11800 yuan/ton and 12000 yuan/ton in East China. In the afternoon, the supply price of private factories in Shandong rose sharply to 12 200 yuan/ton, and the offer of sporadic merchants increased slightly, but the high price was limited for reference only.

On the market side, the reference price of North China butadiene market is around 12300 yuan/ton. Fushun Petrochemical Co. Ltd. has a high bidding level. Businessmen’offer has been rising. The downstream market just needs to buy. Near the reference price of 12600-12800 yuan/ton for butadiene in East China, the offer in the northern market has risen, the spot in the region is limited, and the offer of businessmen has risen with the increase, and the real order has been negotiated.

Installation: Yangtze Petrochemical 220,000 tons/year plant, 220,000 tons/year plant, 3 Jiutai, Inner Mongolia, operates at low load with a small amount of export. The 50,000 tons/year butadiene plant of Puyang Bluestar Chemical Company was shut down, the raw material supply was insufficient, the start-up time was undetermined, and the latest export price was 11,700 yuan/ton.

3. Future Market Forecast

Fushun Petrochemical Restarted Export, the spot supply in the northern market increased slightly, but short-term factory inventory was low, the upstream part of the upstream mood still exists. In addition, Sinopec’s rising supply price has boosted the mentality of some businessmen. The supply and demand fundamentals of the market are on the strong side. Business analysts predict that the short-term domestic butadiene market. The market continues to go up and tidy up. It is suggested to pay attention to the latest prices and trading situation of manufacturers.