On September 8, domestic butadiene auction and sales conditions for some enterprises: Yantai Wanhua 168.

September 8 Domestic Butadiene Partial Enterprise Auction and Sales Update: Yantai Wanhua offered 168 tons for external sale at a floor price of RMB 14,500/ton; Satellite Chemical offered 336 tons for external sale with a starting bid of RMB 14,500/ton. Strengthening crude oil prices have lifted sentiment in the spot market, with improved negotiation activity. However, downstream enterprises generally remain cautious and show insufficient purchasing interest. The spot market is expected to maintain a moderately firm trend in the near term.