The domestic butadiene market fluctuated slightly. According to the price monitored by the business agency, the domestic butadiene market price was 4473 yuan / ton at the beginning of the week and 4451 yuan / ton at the weekend, with a decrease of 0.50% during the week. The price increased by 28.15% month on month compared with the same period last month, and decreased by 54.99% compared with the same period last year.

This week, the domestic butadiene market continued to fluctuate slightly. With the recovery of northeast supply of goods for export, the northern market spot supply slightly increased, dragging the market down slightly. East China is supported by strong external offer, and the offers of middlemen are mainly stable. Although some goods are sold at a slightly lower price, after the delisting of low-priced goods, the offer is firm before the market recovers. During the week, Puyang Bluestar device was restarted, and the upstream device of Liaoning Baolai was started, and the supply side news was relatively empty. However, the transaction of North Huajin at the node of Thursday significantly boosted the mentality of some businesses.

In terms of enterprises, Sinopec East China butadiene supply price was stable at 4700 yuan / ton; Dalian Hengli butadiene plant was operating stably with the price of 4410 yuan / ton, which was stable on a month on month basis; a small amount of butadiene from Shenhua Ning coal was exported, and the price was at 3510 yuan / T, down 390 compared with last week The results show that the listed price of butadiene in Zhejiang Petrochemical Company is 4350 yuan / ton, the unit is in normal operation and the supply contract is available; Puyang Bluestar butadiene extraction unit with a capacity of 50000 tons / year was put into operation on August 5, and there is no product output, so please continue to pay attention to the sales situation; Liaoning Baolai cracking unit started operation on August 5, and its 120000 T / a butadiene extraction unit is put into operation, please continue to pay attention to the commissioning situation; North China The 120000 T / a butadiene plant of Jinjin is in normal operation, 520 tons of goods are sold through competitive bidding, and the bottom price is 4110 yuan / ton.

Industrial chain: styrene butadiene rubber: this week, the mainstream ex factory price of domestic emulsion styrene butadiene rubber sales companies rose, with the mainstream increase of 200-400 yuan / ton. The main ex factory price of 1502 styrene butadiene in China is 8000-8100 yuan / ton. This week, the operating rate of styrene butadiene unit was around 64% (of which the operating rate of emulsion polymerized styrene butadiene unit was around 7.1%); the styrene butadiene rubber plants in Qilu, Yangzi, Jihua, Fushun, Lanhua, Weitai, Shenhua, Yibang and Bridgestone were all in normal operation; in addition, the styrene butadiene rubber plants of Tianjin Lugang and Fuxiang Chemical Co., Ltd. continued to shut down.

CIS polybutadiene rubber: this week, the domestic mainstream sales company of high CIS polybutadiene rubber ex factory price rise; domestic high CIS polybutadiene rubber mainstream factory supply price rose to 7950-8100 yuan / ton, the increase in 200-300 yuan / ton. This week, the domestic high CIS polybutadiene rubber operating rate increased to around 68%, 2% higher than that of last week. During the week, the operation load of Yanshan CIS polybutadiene rubber plant increased successively, and the high CIS polybutadiene rubber operating rate of this cycle increased again in a narrow range. It is expected that the overall operating rate will continue to increase after mid to late August with the restart of Huayu CIS polybutadiene rubber plant.

The downstream staged rigid demand has certain support for the spot market, but with the restart of some manufacturers’ devices and continued export sales, the supply side of the market in the later stage is expected to increase. The news of this week’s price increase has boosted the market in recent days. Butadiene analysts from the business club predict that the supply price and market performance may be strong at the beginning of next week. However, in the middle and late part of the week, considering the supply increase expectation and the follow-up of downstream transactions, the market may fall slightly. It is recommended to pay close attention to the market supply information and transaction guidance.