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Chempricehub Important Reminder: Butadiene Prices Surge, Market Conditions Favorable
Published on 2026-03-10
March 9th News — On March 9th, the bidding and sales situation for butadiene from some domestic enterprises: Dongming Petrochemical sold 224 tons externally, with the transaction price at the reserve price of 15,000 yuan/ton; Yantai Wanhua sold 84 tons externally, with a reserve price of 13,500 yuan/ton and a transaction price of 16,040 yuan/ton; Satellite Chemical cumulatively raised prices by 3,000 yuan/ton, implementing a price of 16,000 yuan/ton. Influenced by multiple positive factors such as the surge in crude oil prices on the cost side, the intensification of tight supply, and strong support from rigid demand on the demand side, market prices have achieved a significant increase. Chempricehub's analysis of butadiene, with a bullish-bearish score: +2. The article reports a substantial rise in the spot price of butadiene, primarily due to multiple positive factors resonating, including the surge in crude oil costs (increasing production costs), tight supply (limited external sales by enterprises such as Dongming Petrochemical and Yantai Wanhua), and strong support from rigid demand (Satellite Chemical raising prices), driving market prices up to the level of 16,000 yuan/ton. This constitutes a significant positive for spot prices. Meanwhile, data from the butadiene rubber futures market (e.g., the closing price of the Dalian Commodity Exchange 2605 contract at 15,725 yuan/ton, up 985 yuan/ton) shows a significant price increase and active trading volume. Combined with positive spot factors, futures prices are expected to continue rising, with overall market sentiment being actively bullish. Therefore, the score is +2 (significant positive).