January 9th News: On January 9th, Sinopec's sales companies executed a butadiene price of 9,100 yuan/ton, unchanged from the previous trading day. In the short term, the domestic butadiene market is expected to maintain a strong trend. Recently, both upstream and downstream products in the industrial chain have shown simultaneous strength, with the futures and spot performance of downstream synthetic rubber providing significant support to the butadiene market. Although some downstream buyers remain cautious about high-priced inquiries, the rise in domestic supplier and international prices has limited the availability of low-cost supply. It is anticipated that the domestic butadiene market will remain strong in the short term, with close attention needed on downstream transaction activities. Chempricehub Analysis of Butadiene, Bull-Bear Score: 1.5 The article notes that Sinopec's butadiene execution price remained unchanged at 9,100 yuan/ton. However, driven by the strength in downstream synthetic rubber futures and spot markets, the entire industrial chain is showing synchronized strength. Rising supplier and international prices have restricted the availability of low-cost supply, supporting expectations of a short-term strong trend and providing a boost to spot prices. Combined with butadiene rubber futures data (e.g., contract 2603 settlement price at 12,310 yuan/ton, up 310, with increased open interest), market sentiment is clearly bullish, indirectly benefiting butadiene futures prices. The score is +1.5, as downstream support and tight supply constitute a moderate to significant positive factor. However, attention should be paid to potential volatility risks arising from cautious downstream transactions.