May 14 News – On Thursday (May 14), the Asian butadiene market closed with the following prices: Korea FOB at $1,695–$1,703/mt; China CFR at $1,700–$1,708/mt.

Chempricehub Analysis of Butadiene: Bull-Bear Score: 1
On May 14, Asian butadiene ex-works quotes remained firm, with Korea FOB at $1,695–$1,703/mt and China CFR at $1,700–$1,708/mt. The significant increase in import costs reduces the cost-effectiveness of imported butadiene for China, lowering expectations for future imports. This provides strong support for domestic butadiene spot prices, favoring an upward price trend.

Butadiene Rubber: Bull-Bear Score: 0.5
Butadiene is the core raw material for butadiene rubber production. The rise in ex-works butadiene prices increases production costs for butadiene rubber, offering cost-side support to prices. On May 13, the main butadiene rubber contract (2606) closed at 15,925 CNY/mt, up 220 CNY/mt from the previous trading day, indicating a high probability of near-term strength in futures prices.