The domestic butadiene market continued to decline, the contradiction between supply and demand remained, and the external market continued to be weak. Some enterprises have reduced the load of equipment, which has boosted the market atmosphere, but has little effect.
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According to the sample data monitored by the business community, from November 4 to 11, the domestic butadiene market price fell from 7146 yuan/ton to 6603 yuan/ton, with a decline of 7.60%, 16.83% month on month and 8.96% year on year. In terms of price, the delivery price in Shandong Luzhong is 7000-7100 yuan/ton, and the self lifting price in East China is 6500-6600 yuan/ton.
In terms of enterprises, the listing price of butadiene of Sinopec sales companies has been lowered by 500 yuan/ton twice, and 6700 yuan/ton has been implemented. The 30000 t/a butadiene unit of Liaoyang Petrochemical Plant was in stable operation, 230 t of goods were sold abroad through competitive bidding, and the transaction price was 6480 yuan/t. The 160,000 t/a butadiene extraction unit of Fushun Petrochemical was operating stably, and 300 tons of goods were sold abroad at a competitive price of 6100 yuan/ton; The transaction price is 6340 yuan/ton.
In terms of external market: the closing price on November 10, the external price of butadiene in Asia rose: South Korea FOB reported 745-755 dollars/ton, up 30 dollars/ton; China CFR reported 735-745 dollars/ton. The external price of butadiene in Europe remained stable: FOB Rotterdam closed at 985-995 US dollars/ton; FD Northwest Europe closed at 1025-1035 euros/ton.
Region, country, closing price, up and down
Asia, FOB Korea, 745-755 US dollars/ton, 30 yuan/ton
Asia, CFR China, 735-745 USD/ton, 0 USD/ton
Europe and America, FOB Rotterdam, 985-995 USD/ton, 0 USD/ton
Europe.,. FD Northwest Europe., 1025-1035 euros/ton., 0 euros/ton
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The business society monitored that the price of cis-1,4-polybutadiene rubber in China rose by a narrow margin. The price at the beginning of the week was 11,330 yuan/ton, and the price at the weekend was 11,398 yuan/ton, up 0.61%.
The business community monitored that the price of domestic styrene butadiene rubber rebounded from the bottom, with the price at the beginning of the week at 10641 yuan/ton and at the weekend at 10853 yuan/ton, up 2.00%.
The business community monitored that the price of nitrile rubber in China fell by a narrow margin, with 15425 yuan/ton at the beginning of the week and 15253 yuan/ton at the weekend, down 1.11%.
The short-term contradiction between supply and demand still restricts the butadiene market. Butadiene analysts from the business community predicted that the short-term domestic butadiene market was mainly weak.
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