On January 13, the market for butadiene rubber in the northwestern region experienced a slight increase. The futures price of butadiene rubber fluctuated modestly, with traders raising their offers by approximately 50–100 yuan per ton. Currently, mainstream quotations for butadiene rubber from Sichuan, Dushanzi, and Lande range from 12,000 to 12,500 yuan per ton.
PriceSeek Analysis of Butadiene Rubber
Bull-Bear Score: +1
In the spot market, the northwestern region saw a slight uptick in market conditions, with traders raising offers by 50–100 yuan per ton. Mainstream quotations from Sichuan, Dushanzi, and Lande reached 12,000–12,500 yuan per ton, indicating improved demand or tight supply, which is favorable for spot prices.
In the futures market, butadiene rubber (corresponding to butadiene rubber futures) prices fluctuated modestly. Combined with data from the main contract, such as 2603 (closing price: 12,105 yuan per ton; settlement price: 11,975 yuan per ton), the market showed volatility, but the rise in spot prices provided support. It is anticipated that futures prices may follow an upward trend.
Considering the favorable spot market conditions and the neutral-to-strong trend in futures, the overall score is set as generally favorable (+1).
Comments
0