On November 2, bidding and sales activities for butadiene among selected domestic enterprises were as follows: Satellite Chemical sold 336 metric tons for export at a starting bid price of CNY 14,500/ton; Dongming Petrochemical sold 168 metric tons for export at a starting bid price of CNY 15,070/ton. On the supply side, refinery operating rates remained stable, resulting in ample spot availability. Downstream enterprises resumed procurement driven by genuine demand, leading to improved transaction volumes. In the short term, the market is expected to exhibit narrow-range fluctuations.
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