April 24 Report – On Thursday (April 23), international butadiene market prices partially declined: European butadiene FOB Rotterdam closed at $1,400–$1,408 per metric ton; FD Northwest Europe closed at €1,375–€1,383 per metric ton.
Chempricehub Analysis of Butadiene: Bearish/Bullish Score: -1
The article reports a partial decline in international butadiene market prices, with European FOB Rotterdam closing at $1,400–$1,408 per metric ton and FD Northwest Europe closing at €1,375–€1,383 per metric ton, indicating a downward price trend. This suggests ample supply or weak demand in the market, exerting downward pressure on butadiene spot prices. In conjunction with butadiene rubber futures data (e.g., the main contract 2606 closing at 15,690 yuan per metric ton, up 90 yuan), the decline in butadiene as a raw material price may lower downstream production costs, which is favorable for butadiene rubber futures but bearish for butadiene spot prices. The score is -1, indicating a generally bearish outlook.
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