Chempricehub July 16 News
On July 16, bidding and sales updates for certain butadiene enterprises in China: Dongming Petrochemical sold 140 tons externally, with a floor price of 10,400 yuan/ton; Satellite Chemical sold 336 tons externally, with a starting price of 10,100 yuan/ton. Recently, the bullish sentiment in the spot market has been intensifying, with multiple positive factors jointly boosting the trading atmosphere. The trading activity in the downstream market has steadily improved. Driven by overall favorable factors, the spot price of butadiene in China continues to show an upward trend. Short-term market support remains sufficient, and the market is expected to maintain a strong performance.
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