On December 26, the bidding and sales situation of some domestic butadiene enterprises: Shenghong Refining raised the price by 300 yuan/ton, executing 8,000 yuan/ton; Yantai Wanhua sold 140 tons externally, starting bid at 600 yuan/ton, with transactions ranging from 8,100 to 8,120 yuan/ton; Satellite Chemical raised the price by 300 yuan/ton, executing 8,000 yuan/ton. In the short term, domestic butadiene is expected to remain relatively strong and volatile, supported by supply-demand fundamentals and the external market. However, ample inventory and transaction pace may limit the extent of price increases. Key focus should be placed on downstream follow-up momentum and actual order volumes.