April 10th News — On Thursday (April 9th), the Asian butadiene market closed lower: South Korea FOB was quoted at $2,475–2,483 per ton; China CFR was quoted at $2,445–2,453 per ton. Chempricehub analyzed butadiene with a sentiment score of -1. The spot price of butadiene in Asia closed lower, with South Korea FOB quoted at $2,475–2,483 per ton and China CFR quoted at $2,445–2,453 per ton, indicating ample supply or weak demand in the market, which is bearish for spot prices. Combined with butadiene rubber futures data, such as the settlement price of the 2605 contract falling to 16,700 yuan per ton, with trading volume reaching 430,193 lots and open interest decreasing by 2,348 lots, it reflects strong bearish sentiment in the market, which may further drag down futures prices.
Comments
0