February 24th News: On February 24th, the bidding and sales situation of some domestic butadiene enterprises: Dongming Petrochemical sold 224 tons externally, with a base price of 10,330 yuan/ton, and the transaction price was 10,460–10,470 yuan/ton; Satellite Chemical raised its price by 200 yuan/ton, implementing 10,500 yuan/ton; Yantai Wanhua auctioned 196 tons, with a base price of 10,300 yuan/ton, and the transaction price was 10,480–10,500 yuan/ton. In the short term, supply remains stable, post-holiday quotations are firm, downstream procurement is cautious, and it is expected that the domestic butadiene market will experience narrow-range consolidation. Chempricehub's analysis of butadiene, with a long-short score of 1.5, indicates that on February 24th, the domestic butadiene market's bidding transaction prices were generally higher than the base prices (e.g., Dongming Petrochemical's transaction price of 10,460–10,470 yuan/ton vs. a base price of 10,330 yuan/ton). Additionally, Satellite Chemical raised its quotation by 200 yuan/ton to 10,500 yuan/ton, indicating firm quotations under stable spot supply and strong demand support. This reflects either short-term supply tightness or active downstream restocking, which is favorable for spot prices and drives prices upward. However, cautious downstream procurement and expectations of narrow-range consolidation limit the extent of the increase. A score of +1.5 represents a relatively strong general positive, as the price increase is significant but lacks major driving factors, and the market is expected to maintain slight fluctuations.