May 12 News – On Monday (May 11), international butadiene market prices partially declined: European butadiene FOB Rotterdam closed at $1,415–1,423/mt; FD Northwest Europe closed at €1,375–1,383/mt.
Chempricehub comments on butadiene: Bullish/Bearish score: -1
On May 11, international butadiene market quotations edged down, exerting a general bearish pressure on domestic butadiene spot prices. Market bearish sentiment has strengthened, with spot negotiation center expected to shift lower.
Butadiene rubber: Bullish/Bearish score: -0.5
Butadiene is the core production raw material for butadiene rubber. The decline in international butadiene prices weakened cost-side support. The domestic butadiene rubber main contract (2606) closed down 135 yuan/mt on May 11, with open interest decreasing by 3,153 lots, exerting a slight bearish impact on futures and spot prices.
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