On September 11, the auction and sales status of some domestic butadiene producers was as follows: Yantai Wanhua offered 196 mt for external sale at a floor price of RMB 14,700/mt; Satellite Chemical offered 336 mt for external sale at a starting bid of RMB 14,900/mt. Strengthening crude oil lifted sentiment in the spot market, and market negotiations were relatively active. However, downstream enterprises generally maintained a wait-and-see stance and showed insufficient purchasing interest; the spot market is still expected to remain relatively firm.
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