The decline of domestic butadiene market slowed down slightly this week. As the market fell to a low level, the downstream just needed to enter the market for replenishment. In addition, some factories replenished before the holiday, which formed a certain support for the northern spot market.
| Bacillus thuringiensis |
According to the sample data monitored by the business society, from September 6 to 13, the domestic butadiene market price fell from 9727 yuan / ton to 9091 yuan / ton, with a price decrease of 6.54% during the cycle, a price decrease of 15.02% month on month and a price increase of 51.68% year-on-year. In terms of price, the delivery price in central Shandong is 9400-9500 yuan / ton, and the negotiation range of self delivery price in East China is about 9000-9100 yuan / ton.
The decline rate of domestic butadiene market slowed down. In terms of supply, the export of goods was blocked, and the inventory rose slowly. In terms of demand, the downstream replenishment before the festival and the restart of Shandong Weite and Qilu Petrochemical units are expected. The external market fell sharply, the supply pressure dragged the supplier’s prices down continuously to stimulate transactions, and the focus of the market continued to decline.
In terms of enterprises, the listed price of butadiene of Sinopec’s sales companies has been reduced by 900 yuan / ton, and the executive price was 9100 yuan / ton as of September 13. Shandong Wanhua 50000 T / a butadiene extraction unit has been shut down for maintenance since September 1. The 120000 T / a butadiene extraction unit of North Huajin was shut down for maintenance on July 14 and restarted on September 1.
In terms of external market: as of September 10, the external price of butadiene in Asia fell: FOB Korea closed at US $945-955 / T, down US $300 / T; CFR China closed at US $995-1005 / ton, down US $270 / ton. The external price of butadiene in Europe fell: FOB Rotterdam closed at US $1875-1885 / T, down US $20 / T; FD northwest Europe closed at 1545-1555 euros / ton, down 30 euros / ton.
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region ., Country, closing price, up and down
Asia FOB Korea 945-955 USD / ton – $300 / ton
Asia CFR China USD 995-1005 / ton – $270 / ton
Europe FOB Rotterdam USD 1875-1885 / ton – USD 20 / ton
Europe FD northwest Europe 1545-1555 euros / ton – 30 euros / ton
Rigid demand has limited support for the domestic spot market, and the external market has fallen sharply, dragging down the mentality of merchants. The supply side of the global market is under pressure. Under the influence of the imbalance between supply and demand, butadiene analysts of business society expect that there is still some downward space for the domestic butadiene market in the near future.
| Sodium Molybdate |