On July 8, Sinopec East China implemented a price of 8,550 RMB/ton, Sinopec North China at 8,550 RMB/ton, Sinopec Central China at 8,550 RMB/ton, and Sinopec South China at 8,450 RMB/ton. Currently, the downstream market maintains routine demand procurement, with traders following up on purchases as needed. Overall market demand is limited, lacking sustained volume support, which constrains upside potential. In the short term, the butadiene market is expected to run steadily with a slight upward bias, with prices likely to fluctuate within a certain range. Attention should be paid to plant operating rates and downstream restocking dynamics.
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