The domestic butadiene market rose slightly. According to the price monitored by the business agency, the domestic butadiene market price was 3473 yuan / ton at the beginning of the week and 3495 yuan / ton at the weekend, with an increase of 0.64% during the week. The price was 8.04% lower than that of the same period last month and 58.67% lower than that of the same period last year.

This week, the domestic butadiene market rose slightly, and there was a certain demand in the downstream. In addition, the online export of North China brocade was suspended during the cycle, and a small number of high turnover sources of goods boosted the atmosphere of the spot market, and speculation went up. With the rising market in northern China and the news that Shandong Huayu polybutadiene rubber plant is expected to restart, businesses in East China are reluctant to sell at low prices and offer high prices. During the cycle, northern suppliers’ prices rose, and in the middle of the week, it was heard that some European goods were traded in China and South Korea at slightly higher prices, which supported the firm domestic spot offer. Under the support of short-term supplier and external information, it is difficult to find low-cost goods in the market, but high-end prices in the market are waiting for downstream inquiry to follow up, so it is difficult to make large-scale transactions.

In terms of enterprises, Sinopec East China butadiene supply price is stable at 3600 yuan / T; Liaotong chemical’s 120000 T / a butadiene extraction unit shut down for minor inspection on July 8, and it is estimated that the restart time will be at the end of this week, and the period will be temporarily wireless for export; Tianjin Zhongsha 200000 t / a butadiene unit will be shut down for maintenance on May 9, and the upstream unit will be restarted on July 9, which is expected to be produced by butadiene products by the end of this week A small amount of coal butadiene was exported, and the price was 2960 yuan / ton as of July 9, up 350 yuan / ton month on month; Dalian Hengli butadiene was sold normally, the price was 3470 yuan / ton as of July 9, and increased by 160 yuan / ton compared with the previous period; the butadiene plant with 70000 tons / year in Jiutai, Inner Mongolia, operated at low load, the listing price was increased by 250 yuan / ton to 3650 yuan / ton as of July 9.

Industrial chain: styrene butadiene rubber: this week, the mainstream ex factory prices of domestic emulsion polymerized styrene butadiene rubber sales companies were adjusted, among which the mainstream styrene butadiene rubber price dropped by 200 yuan / ton, and the oil rubber price was stable.

CIS polybutadiene rubber: this week, the mainstream ex factory supply price of high CIS polybutadiene rubber in China remained around 8400 yuan / ton, with some large regions rising by 200 yuan / ton in other regions.

In the short-term, the main downstream start-up of butadiene is high, and the demand will bring certain support to the butadiene market. This week, the market situation has pushed up, and the supplier’s price performance is strong. Under the condition of no obvious short-term inventory pressure, the manufacturer’s intention to reduce the quotation is not strong, and the supplier’s price still supports the market. However, at present, the domestic spot supply is relatively abundant and some units in the north will recover next week. Under the influence of high market price and difficulty in large-scale transaction, the supply and demand fundamentals of butadiene are favorable and the boost is limited. The butadiene analysts of the business society predicted that under the guidance of the supplier, the market offer may remain relatively firm, but the transaction follow-up situation is still worthy of attention; the pressure on the market to continue to rise is obvious, and it is suggested to pay close attention to whether the mainstream supplier price policy can bring sustained boost to the market.