Chempricehub, June 5th News
On June 4, Sinopec East China quoted at 11,700 RMB/ton, Sinopec North China at 11,750 RMB/ton, Sinopec Central China at 11,700 RMB/ton, and Sinopec South China at 11,550 RMB/ton. Prices were down 300 RMB/ton compared to the previous trading day. Downstream synthetic rubber markets weakened, with weak end-user purchasing intentions dragging down feedstock procurement sentiment, leading to a generally bearish demand side. Although sellers maintained a relatively strong pricing stance, the continuous transmission of bearish factors from the demand side kept the butadiene market in a weak and volatile trend today.