Chempricehub | June 10 News
June 10 Domestic Butadiene Partial Enterprise Auction and Sales Update:

• Dongming Petrochemical: 280 tons external sale, reserve price at 10,800 RMB/ton.
• Satellite Chemical: 336 tons external sale, starting price at 10,800 RMB/ton.

Recently, spot butadiene has shown an overall weak downward trend. The continuous decline in the futures market has dampened market trading sentiment, leading to sluggish on-site transaction performance. Due to poor factory shipments, producers have had to lower offering prices to stimulate volume sales. Currently, the market lacks favorable catalysts to support price recovery. In the short term, the price is expected to remain weak, with limited room for a significant rebound.