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Chempricehub Important Reminder: Sinopec Raises Butadiene Price by 400 Yuan/Ton
Published on 2026-01-06
January 6th News: On January 6th, Sinopec's sales companies implemented a price of 8,800 yuan/ton for butadiene, marking an increase of 400 yuan/ton compared to the previous trading day. The domestic butadiene market is being driven by stronger crude oil prices, a boost from synthetic rubber, firm pricing from the supply side, and optimistic expectations, maintaining a relatively strong trend in the short term. Close attention should be paid to downstream market participation. Chempricehub Analysis of Butadiene, Bull-Bear Score: 2 The spot price of butadiene has significantly increased by 400 yuan/ton to 8,800 yuan/ton, driven by stronger crude oil prices (cost support), a boost from synthetic rubber demand, firm pricing from the supply side, and optimistic market expectations. The short-term trend remains relatively strong. Butadiene rubber futures contracts, such as the 2602 settlement price of 11,690 yuan/ton (up 140 yuan) and the 2603 settlement price of 11,720 yuan/ton (up 140 yuan), indicate a simultaneous strengthening in the futures market. Rising raw material costs may further push up futures prices. Close attention should be paid to downstream market participation; if demand persists, prices are expected to continue their upward trend.