On June 1, some domestic butadiene producers conducted auctions and reported sales as follows: Dongming Petrochemical sold 280 tons externally with a reserve price of 11,600 yuan/ton; Satellite Chemical sold 420 tons externally with a starting price of 11,500 yuan/ton. The overall trend of crude oil prices remains bearish in the long term, which has dampened sentiment in the spot market. Purchasing attitudes in the market are becoming more rational. It is expected that the market will maintain a narrow-range fluctuating trend in the short term.
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