On January 4th, the bidding and sales situation of some domestic butadiene enterprises: Shenghong Refining & Chemical implemented a price of 8,400 yuan/ton; Yantai Wanhua implemented a price of 8,360 yuan/ton; Satellite Chemical increased by 100 yuan/ton, implementing a price of 8,500 yuan/ton. Recently, the overseas butadiene market and the main downstream synthetic rubber futures and spot markets have shown strong performance, providing strong support for the butadiene spot market. Although the transaction pace of some high-priced offers has slowed down, prices on the supply side remain firm, and low-priced sources in the market continue to be scarce. In the short term, the domestic butadiene market is expected to maintain a high and firm consolidation trend. PriceSeek analysis of butadiene, bullish-bearish score: 1. The article indicates that butadiene spot prices have shown strong performance recently, with companies such as Shenghong Refining & Chemical, Yantai Wanhua, and Satellite Chemical offering prices ranging from 8,360 to 8,500 yuan/ton. Among them, Satellite Chemical raised its price by 100 yuan/ton to 8,500 yuan/ton, reflecting firm prices on the supply side. The strong performance of the overseas market and the main downstream synthetic rubber futures and spot markets provides strong support for the butadiene market. Although the transaction pace of high-priced offers has slowed down, low-priced sources in the market remain scarce, and the market is expected to maintain a high consolidation trend in the short term. This indicates that demand support outweighs supply pressure, which is favorable for the upward movement or stability of spot prices. The score of 1 (generally bullish) is based on a comprehensive assessment of factors such as tight supply, overseas market support, and positive downstream demand.