According to the sample data monitored by the business agency, the domestic butadiene market price was 6338 yuan / ton on October 9 and 6363 yuan / ton on October 12, with an increase of 0.39% in the three days after the festival, with a month on month increase of 6.17% and a year-on-year decrease of 44.96%. In terms of enterprises, the butadiene supply price of Sinopec’s sales companies remained stable at 6500 yuan / ton; Fushun Petrochemical’s 160000 tons / year butadiene extraction unit was in normal operation, 600 tons of goods were sold through competitive bidding, with the bottom price of 5700 yuan / ton and the transaction price of 5830-5840 yuan / ton. As for the market, as of the end of last week (10.9), the butadiene market in Shandong was slightly stronger, and the dealer’s offer was about 6400-6500 yuan / ton; the butadiene market in East China continued to be deadlocked, and Jiangyin’s offer was about 6500 yuan / ton.

The external supply price of butadiene of Sinopec production enterprises is as follows:

Enterprise price (yuan / ton) device dynamics

Normal operation of 6500 165000 T / a unit in Zhenhai Refining and Chemical Co., Ltd

Normal operation of 65.012 million T / a unit in Shanghai Petrochemical Company

Normal operation of 65.012 million T / a unit in Yangzi Petrochemical Company

Sinopec’s 65.2 million T / a unit is in normal operation and mainly supplied by each other

Maoming Petrochemical’s 650015000t / a unit is in normal operation, mainly for mutual supply and a small amount of export

The 65.03 million T / a unit of Guangzhou Petrochemical Company is in normal operation, mainly supplied by each other and exported in a small amount

The 65.013 million tons / year butadiene extraction unit of Wuhan ethylene is in normal operation and mainly supplied by each other

External market: as of October 9, the external price of butadiene in Asia was stable: FOB Korea closed at 835-845 US dollars / ton, CFR China closed at 835-845 US dollars / ton. The external price of butadiene in Europe rose: FOB Rotterdam closed at 615-625 USD / T, stable; FD northwest Europe closed at 495-505 euro / T, up 10 euro / T.

The external price of butadiene is still expected to go up, and the supply price of domestic manufacturers is still expected to rise, which drives up the offer of traders and makes it difficult to find the source of low-cost goods in the market. Business agency butadiene analysts expect that this week the domestic butadiene market high finishing.