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Home - News - On June 16, the Butadiene Market Fell Significantly

On June 16, the Butadiene Market Fell Significantly

June 16, 2022

Price trend

According to the monitoring data of SunSirs, the average price of domestic butadiene from production enterprises on June 16 was 11,377 RMB/ton, an increase of 18.68% month-on-month and a year-on-year increase of 33.56%.

Analysis review

In terms of market price, the mainstream transaction price of butadiene in East China was 10,650 RMB/ton; the mainstream transaction price of butadiene in Shandong Luzhong area was 11,100 RMB/ton.

It was difficult for the market supply side to had a significant positive boost, the demand continued to be weak, coupled with the decline in crude oil, it was difficult to find supporting factors on the news side.