Price Trend
The domestic butadiene market has seen both ups and downs. As of October 9, the domestic market price of butadiene was 11784 yuan/ton, up 13.76% annually and 0.76% year-on-year.
II. Analysis of Influencing Factors
Products: The domestic butadiene market has seen both ups and downs. After the stabilization of Huajin plant in North China, it restarted for export. The transaction price was slightly higher. It was difficult to find a low-price offer in North China. The middleman sent the price reference to 11550-11650 yuan/ton. However, due to a small number of supply and flow pats from manufacturers, the downstream market expectations were empty and the inquiry intention was not high. Affected by the northern atmosphere and the shutdown of a Shunding factory in the downstream of East China, the merchants have certain expectations for the export of raw materials. Therefore, the atmosphere is also cautious. They are sent to the price reference of 11800-12000 yuan/ton for discussion.
| Sodium selenite |
Enterprises: Yangtze Petrochemical 220,000 tons/year plant, 3 # long-term parking; 1 # and 2 # total 120,000 tons/year plant normal operation. The 165,000 tons/year unit of Zhenhai Refinery and Chemical Company operates normally, mainly for mutual supply and a small amount for export. The 120,000 tons/year plant of Liaotong Chemical Company operates normally, and the trading range is 11,110-11,170 yuan/ton. Fushun Petrochemical 160,000 tons/year plant is in normal operation, and there is no export for the time being.
Market: Butadiene market inquiries in East China are limited. Businessmen pay more attention to the arrival of late shipments, and cautious market expectations lead to low downstream inquiry intention, which is sent to the price reference of about 11800 yuan/ton. The butadiene market in Shandong is limited, the northern export manufacturers have no obvious inventory pressure for the time being, and the supply price is strong enough to support the middleman’s offer intention at about 11500-11600 yuan/ton; however, the downstream market expectations for the late market are weak, the inquiry intention is low, and the actual single negotiation is weak.
Industry chain: Downstream synthetic rubber, styrene-butadiene rubber, the mainstream sales company of styrene-butadiene rubber supply price stability, the actual single delivery mostly heard inverted price. The mainstream prices of Fushun and Qilu 1502E in North China are between 1120 and 11300 yuan/ton, while the mainstream prices of Qilu 1502E in East China are around 11400 yuan/ton.
| Stannous Sulphate |
Cis-butadiene rubber: domestic cis-butadiene rubber ex-factory supply price has not been adjusted, market quotation interval has been sorted out, traders generally hold narrow positions, tentative offer, along with the market delivery is the majority; but the first return to the market after the festival, turnover is unsatisfactory, and there are many parts of inverted butadiene benzene, individual inverted sources of cis-butadiene dragged low, so the transaction price or low-end interval.
3. Future Market Forecast
Although the price performance of some manufacturers in Northeast China is strong, the market atmosphere is skewed due to some supply-flow patches, and the arrival of shipments in the second half of the month is relatively abundant. Short-term market is difficult to support clearly. Butadiene analysts from business associations expect that the market will be weak and consolidate mainly. Suggestions are made to pay attention to the closing guidelines.
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