After the domestic butadiene market rose, the main reason was the increase in supply. This week, the major producers in Northeast China, Beibei Huajin and Fushun Petrochemical, started external bidding. At the same time, the external market performance was weak, the downstream cis-1,4-polybutadiene rubber starting load decreased, and the demand was poor. It was difficult to continue the rise in the domestic butadiene market.
| Gamma Polyglutamic acid Gamma PGA |
According to the sample data monitored by the business community, from September 16 to 22, the domestic butadiene market price rose from 9032 yuan/ton to 9148 yuan/ton, with a price increase of 1.28%, 16.15% month on month and 19.56% year on year. In terms of price, the delivery price in Shandong Luzhong is 9300-9400 yuan/ton, and the self lifting price in East China is 8700-8900 yuan/ton.
For enterprises, the butadiene price of Sinopec sales companies is 9000 yuan/ton. The 160000 t/a butadiene extraction unit of Fushun Petrochemical was in stable operation, 210 tons of goods were sold abroad through competitive bidding, and the bidding base price was 9000 yuan/ton. The 64000 t/a butadiene extraction unit of Shenhua Ningxia Coal is operating normally. At present, a small amount of goods are exported, and the price is reduced by 700 yuan/ton to 8600 yuan/ton.
| Gamma Polyglutamic Acid |
In terms of external market: as of the closing on September 21, the price of Asian butadiene external market remained stable: FOB Korea closed at 945-955 US dollars/ton; CFR China closed at US $985-995 per ton. The external price of butadiene in Europe remained stable: FOB Rotterdam closed at 1495-1505 dollars/ton; FD Northwest Europe closed at 1485-1495 euros/ton.
Region, country, closing price, up and down
Asia, FOB Korea, 945-955 US dollars/ton, 0 yuan/ton
Asia, CFR China, 985-995 USD/ton, 0 USD/ton
Europe and America, FOB Rotterdam, 1495-1505 USD/ton, 0 USD/ton
Europe., FD Northwest Europe., 1485-1495 euros/ton., 0 euros/ton
At present, the supply side benefits disappear, while the downstream synthetic rubber market trend is weak, and the demand side support is relatively limited. Butadiene analysts from the business community predict that the domestic butadiene market may decline in the short term.
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