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Chempricehub Key Reminder: Butadiene Auction Price Drops, Market Outlook Bearish
Published on 2026-02-27
February 27th News: On February 27th, the bidding and sales situation of some domestic butadiene enterprises: Dongming Petrochemical sold 280 tons externally with a base price of 10,000 yuan/ton; Satellite Chemical reduced the price by 200 yuan/ton, executing at 10,000 yuan/ton; Yantai Wanhua started bidding for 280 tons with a base price of 9,900 yuan/ton. Although some downstream buyers entered the market to replenish stocks at low prices in the previous trading day, the current performance of downstream synthetic rubber is poor, and market supply is relatively abundant, leading to a weak market atmosphere. It is expected that there may still be room for further decline in the market later. Chempricehub's analysis of butadiene, with a bullish-bearish score: -2. Butadiene spot prices are facing significant downward pressure. The article shows that Dongming Petrochemical's external sales base price is 10,000 yuan/ton, Satellite Chemical reduced the price by 200 yuan/ton to 10,000 yuan/ton, and Yantai Wanhua's bidding base price is only 9,900 yuan/ton, indicating that companies are actively lowering prices to stimulate sales. At the same time, market supply is abundant, and downstream synthetic rubber demand is weak, resulting in a subdued market atmosphere. Although there was some bargain hunting in the previous trading day, overall demand remains insufficient, and it is expected that prices may continue to decline in the future. These factors combined create a strong bearish signal, significantly suppressing spot prices.