May 15 News — On Thursday (May 14), the Asian butadiene market closed lower: Korea FOB was reported at $1,685–1,693/ton; China CFR was reported at $1,685–1,693/ton.

Chempricehub Analysis on Butadiene
Bull-Bear Rating: -1
On May 14, the Asian butadiene market closed lower, with Korea FOB and China CFR both quoted at $1,685–$1,693/ton. Import costs decreased, and the supply side of the domestic butadiene market is expected to be loose, exerting a generally bearish impact on spot prices.

Butadiene Rubber
Bull-Bear Rating: -1
Butadiene is the core raw material for butadiene rubber production. The decline in butadiene prices in the international market weakened cost support for butadiene rubber. On May 14, the main butadiene rubber contract 2606 closed down 50 yuan/ton, with open interest falling by 4,275 lots. Short-term price trends are bearish, representing a generally bearish impact.