January 28th News: On January 28th, the bidding and sales situation of some domestic butadiene enterprises: Dongming Petrochemical sold 280 tons externally, with a base price of 10,100 yuan/ton; Satellite Chemical lowered the price by 300 yuan/ton, implementing 10,200 yuan/ton; Yantai Wanhua sold 112 tons externally, with a base price of 10,200 yuan/ton. The sharp rise in butadiene prices has increased downstream costs and compressed profits, while the weakening of synthetic rubber futures and spot markets has intensified buyer caution, leading to a slowdown in market transactions. Short-term supply remains supportive, but constrained by demand and buyer sentiment, the domestic butadiene market may face a correction. Attention should be paid to upstream and downstream trends and transaction volumes. Chempricehub's analysis of butadiene, Bull-Bear Score: -0.5. Butadiene prices have surged recently, pushing up downstream costs and compressing profits, but market transactions have slowed, and buyer caution has increased. Although short-term supply remains supportive, constrained by weak demand, prices are expected to undergo a correction, with a neutral to bearish impact on spot prices. Synthetic rubber, Bull-Bear Score: -1. Synthetic rubber futures and spot markets have weakened, with rising butadiene costs exacerbating profit compression, leading to increased buyer caution and reduced transactions. Persistent weakness in demand continues to exert pressure, causing prices to decline, with a generally bearish impact on spot prices.