May 12 News: On May 12, some domestic butadiene enterprises reported auction and sales updates: Dongming Petrochemical offered 336 tons for sale with a reserve price of 12,200 RMB/ton; Satellite Chemical offered 224 tons for sale with a starting price of 12,200 RMB/ton. Recently, the butadiene market has continued to weaken, with a sluggish trading atmosphere. Downstream players are only maintaining just-in-time restocking, leading to insufficient demand support and a strong bearish sentiment in the market. Short-term prices are likely to fluctuate within a range. According to Chempricehub's assessment of butadiene, the bullish-bearish score is -1. Currently, the reserve price for domestic butadiene companies' external auction sales is 12,200 RMB/ton. The market has been persistently weakening recently, with a bleak trading atmosphere. Downstream players are only procuring on a necessary basis, resulting in weak demand-side support and strong bearish sentiment. Prices are expected to maintain range-bound fluctuations in the short term, exerting a generally negative impact on spot butadiene prices.