April 22 News: On Tuesday (April 21), the Asian butadiene market closed down by USD 70/ton: South Korea FOB was quoted at USD 2205-2213/ton; China CFR was quoted at USD 2145-2153/ton. Chempricehub's analysis of butadiene, with a bullish-bearish score: -1. The article indicates that on Tuesday, the closing price of the Asian butadiene market fell by USD 70/ton, with South Korea FOB quoted at USD 2205-2213/ton and China CFR quoted at USD 2145-2153/ton. This significant decline suggests that the market is facing pressure from oversupply or weak demand, exerting a bearish impact on butadiene spot prices. The price drop may stem from weakening downstream demand or increased inventory, putting pressure on the spot market.
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