Supply and demand are weak, manufacturers adjust prices, and the market price ladder of butadiene is down

At present, the downstream manufacturers just need to purchase, the main manufacturers have repeatedly reduced the ex factory quotation and bidding reserve price, and the domestic butadiene market is descending. According to the sample data monitored by business society, from August 5 to 12, the domestic butadiene market price fell from 11091 yuan / ton to 10835 yuan / ton, with a price decrease of 2.30%, a month on month increase of 13.15% and a year-on-year increase of 130.22%. In terms of price, the delivery price in central Shandong is 11200-11300 yuan / ton, and the self delivery offer in East China is 11100-11200 yuan / ton.

Sulfamic acid 

With the launch of new production capacity and the planned restart of some units, the supply side of the domestic butadiene market has been widened to a certain extent. Some northeast enterprises have recently resumed competitive sales, and the social supply of goods has increased significantly. In addition, the start-up of synthetic rubber industry has decreased and the cost side is under pressure, which affects the supply and demand fundamentals of butadiene and is difficult to find a significant positive boost. However, the recent strong upward performance of the external market may support the downward space of the butadiene market.

In terms of enterprises, Fushun Petrochemical’s 160000 T / a butadiene extraction unit operates normally, 510 tons of goods are exported through competitive bidding, and the base price of the bidding is 10600 yuan / ton. The 140000 T / a butadiene unit of Dalian Hengli Petrochemical operates stably, the source of goods is normal for export, and the price is reduced by 200 yuan / ton to 10710 yuan / ton.

In terms of external market: as of August 11, the external market price of butadiene in Asia was stable: FOB Korea closed at USD 1625-1635 / ton; CFR China closed at US $1555-1565 / ton. The external price of butadiene in Europe was stable: FOB Rotterdam closed at US $2045-2055 / ton; FD northwest Europe closed at € 1595-1605 / ton.

region ., Country, closing price, up and down

Asia FOB Korea USD 1625-1635 / ton USD 0 / ton

Asia CFR China USD 1555-1565 / T USD 0 / ton

Europe FOB Rotterdam USD 2045-2055 / T USD 0 / ton

Europe FD northwest Europe 1595-1605 euros / ton 0 euro / ton

International crude oil prices fell significantly, affecting the atmosphere of the whole chemical industry. However, with the impact of the slow improvement of the external market, the decline of the domestic butadiene market is expected to slow down. Business analysts expect the market to be mainly sorted out.

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