January 15th News — On Wednesday (January 14th), the international butadiene market closed as follows: European butadiene FOB Rotterdam settled at $735–743 per ton, while FD Northwest Europe settled at €655–663 per ton.
Chempricehub’s analysis of butadiene rubber indicates a bullish-bearish score of 1. The international spot price of butadiene (FOB Rotterdam at $735–743 per ton, FD Northwest Europe at €655–663 per ton) remains at a relatively high level, increasing the production cost of butadiene rubber and supporting spot prices. Combined with the continuous rise in the price of the main butadiene rubber futures contract (such as the 2605 contract, closing at ¥12,295 per ton with a change of +200) and an increase in open interest, market sentiment appears increasingly bullish. It is expected that futures prices will maintain an upward trend in the short term.