On February 2, the butadiene rubber market in East China showed a weak performance. Futures prices fluctuated and trended lower, with sellers adjusting their offers within a narrow range amid weak sentiment. Market negotiations remained deadlocked. Currently, mainstream offers for Daqing, Yangzi, and Qilu butadiene rubber are in the range of 13,000–13,200 yuan/ton, while some private brands are quoted around 12,850–13,000 yuan/ton.

PriceSeek analysis of butadiene rubber indicates a bearish score of -1.5. The article highlights that the spot market for butadiene rubber in East China is operating weakly, with sellers making minor downward adjustments to their offers. Mainstream prices are at 13,000–13,200 yuan/ton, while some private brands are as low as 12,850–13,000 yuan/ton, reflecting weak demand, oversupply, and downward pressure on spot prices.

Simultaneously, futures prices are fluctuating and declining. Combined with data from butadiene rubber (a related variety) futures, such as the 2603 contract settlement price of 13,060 yuan/ton, a decrease of 510 yuan, and a reduction in open interest, market sentiment appears bearish, indicating downward pressure on futures prices.

Considering both spot and futures factors, the overall impact is assessed as moderately to significantly bearish.