The domestic butadiene market was consolidated after rising. Although the business offer was high, the price difference between the north and the South led to the poor transaction of East China’s sources and the limited demand for follow-up, which led to the low transaction focus. According to the sample data monitored by the business community, as of June 9, the domestic butadiene market price was 8163 yuan / ton, with a month on month rise of 19.35%, and a year-on-year rise of 114.76%. In terms of price, the delivery price in central Shandong is about 8750-8850 yuan / ton; In East China, the self raised price of cans dropped slightly to about 8350-8450 yuan / ton.
The domestic butadiene market was slightly consolidated, with some businesses offering high prices, but the transaction of high price sources was not smooth, and the market trading atmosphere was cold, which dragged the focus of transaction to the low end.
In terms of enterprises, Liaoyang Petrochemical’s 30000 T / a butadiene plant has been running steadily, with a small amount of goods being exported, and the latest price is 8510 yuan / T. Liaotong chemical’s 120000 T / a butadiene plant is in normal operation, and the main source of goods is downstream pipeline transportation. 78 t of goods are exported through competitive price, and the base price is 8510 yuan / T. Fushun Petrochemical’s 160000 T / a butadiene extraction unit is in normal operation, mainly for mutual supply of goods and self use, and has no export for the time being.
The external supply price of butadiene of main production enterprises is as follows:
enterprise ., Price (yuan / ton)%, plant dynamic
Liaoyang Petrochemical 8200 yuan / ton Stable operation of 30000 T / a butadiene plant
Dalian Hengli 8410 yuan / ton 140000t / a butadiene plant operates stably, and the source of goods is normal for export
Liaotong chemical eight thousand five hundred and ten 78 tons of goods for export
Fushun Petrochemical No export Normal operation of 160000 T / a butadiene extraction unit
Jiutai, Inner Mongolia / The 70 kt / a oxidative dehydrogenation unit has been shut down for maintenance since April 12 and is expected to last about 20-30 days
Sipang, Jiangsu Province eight thousand and five hundred Stable operation of 100 kt / a butadiene oxidative dehydrogenation unit
Zhenhai Refining & Chemical Co., Ltd eight thousand Normal operation of 165000 T / a plant
Shanghai Petrochemical eight thousand Normal operation of 120000 T / a plant
Yangzi Petrochemical eight thousand Normal operation of 120000 T / a plant
Sinopec eight thousand The 200000 t / a plant is in normal operation and mainly supplied by each other
Maoming Petrochemical seven thousand nine hundred and fifty 150000 T / a plant is in normal operation, mainly for mutual supply and a small amount for export
Guangzhou Petrochemical eight thousand The 30000 T / a plant is in normal operation, mainly for mutual supply and a small amount for export
Wuhan ethylene eight thousand and two hundred 190kt / a extraction unit operates stably, mainly for mutual supply and a small amount for export
External price: as of June 8, the external price of butadiene in Asia was stable: FOB Korea closed at US $1085-1095 / T, CFR China closed at US $1095-1105 / T. The external price of butadiene in Europe was stable: FOB Rotterdam closed at US $1495-1505 / T; FD northwest Europe closed at 1220-1230 euros / ton.
region ., Country. Closing price. Up and down
Asia FOB Korea 1085-1095 USD / T 0 USD / ton
Asia CFR China 1095-1105 USD / T 0 USD / ton
Europe FOB Rotterdam 1495-1505 USD / T 0 USD / ton
Europe FD northwest Europe 1220-1230 euro / ton 0 euro / ton
The market slightly higher offer, transaction is not smooth, traders more cautious wait-and-see. Business analysts expect market weakness, mainly consolidation.