Market Analysis of Domestic Butadiene Prices on November 9

Chempricehub, November 9 – On November 9, Sinopec East China implemented a price of RMB 14,500/ton; Sinopec North China implemented RMB 14,500/ton; Sinopec Central China implemented RMB 14,500/ton; and Sinopec South China implemented RMB 14,400/ton. The domestic butadiene market continued to trade weakly, with spot prices generally declining and trading activity in the spot market remaining subdued. Downstream consumers primarily purchased on an as-needed basis. Overall, bullish and bearish forces intensified, suggesting that short-term market trends may remain characterized by weak volatility.