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Chempricehub Key Reminder: Butadiene Price Increase Boosts Market Sentiment
Published on 2026-01-05
News on January 5th: On January 5th, the bidding and sales situation of some domestic butadiene enterprises: Shenghong Refining increased by 300 yuan/ton, executing 8700 yuan/ton; Yantai Wanhua sold 112 tons externally, with a base price of 8350 yuan/ton; Satellite Chemical rose by 200 yuan/ton, executing 8700 yuan/ton. Recently, the domestic butadiene market has been driven by positive external news, leading to a phased recovery in market sentiment. Currently, the mainstream quotations in the domestic butadiene market show a slight upward trend, with some traders and producers actively raising their offer intentions. Coupled with the gradual heating of bullish sentiment in the market, this provides certain support for the market. Chempricehub's analysis of butadiene, with a long-short score: 1.5. The article shows that Shenghong Refining raised the butadiene price by 300 yuan/ton to 8700 yuan/ton, Satellite Chemical increased by 200 yuan/ton to 8700 yuan/ton, and Yantai Wanhua's external sales base price is 8350 yuan/ton, indicating enhanced proactive price hikes by enterprises. The market, driven by external positive news, has seen a phased recovery in sentiment, with mainstream quotations showing a slight upward trend. Traders and producers are raising their offer intentions, and the heating bullish sentiment in the market provides strong support for spot prices. This reflects active promotion from the supply side and improved demand expectations, which may drive further increases in butadiene spot prices in the short term. Based on the significant price increase, warming market sentiment, and bullish behavior of participants, it is assessed as a strong positive.