The domestic butadiene market maintained an upward trend, Sinopec’s price increased several times, and middlemen’s offer was firm. Affected by the tight supply, the market momentum continued. According to the sample data monitored by the business community, as of July 14, the domestic butadiene market price was 10498 yuan / ton, with a month on month increase of 28.61% and a year-on-year increase of 202.27%. In terms of price, the delivery price in central Shandong is about 12500-12600 yuan / ton; East China’s self delivery price is about 12300-12400 yuan / ton.

The short-term supply side of butadiene market is difficult to be significantly supplemented, supporting the strong market atmosphere; Although some downstream devices have parking plans, the drag effect of demand side is limited under the support of supply side.

In terms of enterprises, Liaoyang Petrochemical’s 30000 T / a butadiene plant has been in stable operation, and the export of this node has been suspended. The 100000 t / a butadiene oxidative dehydrogenation unit of Jiangsu sipang Petrochemical Co., Ltd. has been in stable operation, with a small amount of products exported, and the listed price has been increased by 1200 yuan / T to 12000 yuan / T. Liaotong chemical’s 120000 T / a butadiene plant is in normal operation, and the main source of goods is downstream pipeline transportation, and there is no online export of goods.

External price: as of July 13, the external price of butadiene in Asia was stable: FOB Korea closed at US $1395-1405 / T; CFR China closed at US $1345-1355 per ton. The external price of butadiene in Europe was stable: FOB Rotterdam closed at US $1910-1920 / T; FD northwest Europe closed at 1495-1505 euros / ton.

region ., Country. Closing price. Up and down

Asia FOB Korea 1395-1405 USD / T 0 USD / ton

Asia CFR China 1345-1355 USD / T 0 USD / ton

Europe FOB Rotterdam 1910-1920 USD / T 0 USD / ton

Europe FD northwest Europe 1495-1505 euro / ton 0 euro / ton

The shortage of domestic circulating butadiene has not been alleviated, and business expectations are still strong. Business analysts expect the market to rise slightly.