Butadiene Morning Briefing (September 16, 2026)

I. Key Points

1. Supplier prices declined, leading to cautious market observation.
2. Downstream demand remained weak, with limited buying interest.

Core Logic: Demand is unlikely to see significant improvement; the market is expected to trend sideways on a weak basis.

II. Price Table

Notes:

1. Units for CFR China are USD/ton and for crude oil are USD/barrel; all other units are CNY/ton.
2. Prices represent point-in-time values from the two preceding working weeks of this week, not weekly averages.
3. The change rate indicates the period-over-period percentage change.

III. Market Outlook

Although crude oil prices remain high in the short term, providing some cost support for butadiene and reducing sellers' willingness to offer low prices, downstream enterprises continue to exhibit weak purchasing intent due to sluggish demand. Furthermore, the downward trend in major downstream synthetic rubber products has intensified bearish sentiment within the market. With a strong atmosphere of cautious observation prevailing, the domestic butadiene market is expected to consolidate on a weak basis.

IV. Data Calendar

Notes:

1. ↓↑ indicate significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicate narrow fluctuations, highlighting data with changes within the 0–3% range.