Asia's butadiene market closed up USD 20/ton on Thursday (Jan 22): South Korea FOB was quoted at USD 1165-1173/ton; China CFR was quoted at USD 1195-1203/ton. Chempricehub's analysis of butadiene, with a long-short score of 1.5, reported that the spot price of butadiene in Asia rose by USD 20/ton on Jan 22 (South Korea FOB at USD 1165-1173/ton, China CFR at USD 1195-1203/ton), indicating strong regional demand or tightening supply, which constitutes a significant positive factor for spot prices. This increase (approximately 1.7% relative to the base price) reflects an improvement in fundamentals, likely driven by rising raw material costs or downstream demand. Based on current market dynamics, a score of +1.5 (strong positive) is assigned, as the price increase directly benefits spot trading, though the rise has not reached extreme levels. In terms of futures, considering recent trends in related derivatives such as butadiene rubber (the main butadiene rubber futures contract, e.g., 2603, closed up CNY 365/ton), the rising cost of butadiene raw materials may indirectly support rubber futures prices. However, attention should be paid to subsequent supply and demand changes to avoid overreaction.