News on February 6th: On February 6th, the auction and sales situation of some domestic butadiene enterprises: Dongming Petrochemical sold 336 tons externally, with a reserve price of 9,900 yuan/ton; Satellite Chemical sold 336 tons externally, with a reserve price of 9,900 yuan/ton; Yantai Wanhua started the auction with 84 tons, with a reserve price of 10,000 yuan/ton. Recently, the domestic butadiene market has shown a weak operating trend, with prices falling rapidly. Multiple factors are jointly suppressing market conditions. It is highly likely to maintain a weak consolidation before the holiday, and subsequent attention needs to be paid to the operating rates of major downstream industries and the pace of post-holiday resumption. Chempricehub's analysis of butadiene, with a long-short score: -1.5. The article indicates that the auction reserve prices of butadiene enterprises are relatively low (Dongming Petrochemical and Satellite Chemical at 9,900 yuan/ton, Yantai Wanhua at 10,000 yuan/ton), supply has increased (a total of 756 tons sold externally), and the market is showing a weak operating trend with prices falling rapidly. Multiple factors such as weak pre-holiday demand (possible slowdown in operations of major downstream industries) and supply pressure are jointly suppressing market conditions, and it is expected to maintain a weak consolidation before the holiday. This leads to a significant increase in the downside risk of butadiene spot prices, with a score of -1.5 (strong bearish), as oversupply and weakened demand expectations continue to put pressure on prices.