Price Trend
Recent domestic butadiene market atmosphere is weak. As of January 14, the price of butadiene was 10 903 yuan/ton, up 12.77% from the same period last year, according to business association monitoring.
II. Analysis of Influencing Factors
Products: Domestic butadiene market atmosphere is weak, northern manufacturers shipment is not smooth, the market fell, dragging downstream business mentality, and short-term bearish expectations lead to businessmen actively shipped, but downstream cautious wait-and-see mood is obvious. The market atmosphere of butadiene in Shandong is not good, shipments of Northeast manufacturers are not smooth, and downstream cautious wait-and-see mentality is obvious, dragging the market of butadiene, the offer has fallen. East China butadiene market atmosphere is weak, downstream merchants cautious wait-and-see mood is obvious, downstream offer intention is not good, market offer is lower. Asian closing price of butadiene, FOB Korea average offer $1130-1138 per ton; CFR China average offer $1195-1203 per ton.
| ammonium persulfate |
Industry Chain: Styrene Butadiene Rubber: Although Tianguo rebounded, but the impact of supplier growth is less than expected and time is late began to reflect, and because demand has weakened, the market of Styrene Butadiene Rubber shows shocks, the actual transaction price has been loosened, trading flat. Cis-butadiene rubber: domestic cis-butadiene rubber market high shock market. Although the offer is stable, the inquiry atmosphere on the spot is cold, some of the businessmen let the profit to deliver the goods, and the bargaining price center is lowered, and the volume of delivery is scarce. SBS: Oil glue prices in domestic SBS market have been pushed up, and dry rubber road has been changed to price finishing.
3. Future Market Forecast
On the positive side, the external price is firm, butadiene supply side is tight; on the negative side, the downstream synthetic rubber market is insufficient to follow up. Business community butadiene analysts expect that the short-term domestic butadiene market continues to be weak, focusing on market turnover.