Auction and sales situation of some domestic butadiene enterprises on August 11: Dongming Petrochemical 16

On August 11, bidding and sales updates for some domestic butadiene enterprises: Dongming Petrochemical offered 168 tons for external sale at a floor price of 10,380 yuan/ton; Satellite Chemical offered 224 tons for external sale with a starting price of 10,400 yuan/ton. Today, market inquiry sentiment picked up, with producers holding firm on prices, leading to a slight uptick in prices. However, downstream buyers only made purchases based on essential needs, resulting in subdued transactions. Coupled with increased arrivals of imported cargo at ports, demand lacked favorable support, and the market consolidated within a narrow range with a mildly firm tone.