Closing of the Asian butadiene market on Friday (January 30): South Korea FOB was quoted at $1,245–1,253/ton; China CFR was quoted at $1,265–1,273/ton. PriceSeek analysis of butadiene, long-short rating: -1. The article reports the closing spot price of butadiene in Asia, with South Korea FOB quoted at $1,245–1,253/ton and China CFR quoted at $1,265–1,273/ton. The price level indicates relatively stable market supply and demand with no significant fluctuations. Combined with the latest market conditions of butadiene rubber futures (such as the closing price of the main contract 2605 at 12,930 yuan/ton, settlement price at 13,085 yuan/ton, a decrease of 535 yuan compared to the previous day, and open interest reduced by 5,279 lots), the sharp decline in futures prices reflects weak downstream demand and increased inventory pressure, which may suppress the demand for butadiene raw material procurement, thereby exerting a generally bearish pressure on both spot and futures prices of butadiene.
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