December 25th News: On December 25th, the bidding and sales situation of some domestic butadiene enterprises: Shenghong Refining & Chemical executed at 7,700 yuan/ton; Yantai Wanhua sold 224 tons externally, with a starting bid of 7,500 yuan/ton and a transaction price of 7,760 yuan/ton; Satellite Chemical raised the price by 100 yuan/ton, executing at 7,700 yuan/ton. Recently, the supply side of the butadiene market has been relatively loose, while demand performance remains acceptable. The downstream synthetic rubber futures market shows a strong trend, providing some support to the spot market sentiment. Overall, with demand-side support, the spot market is expected to operate steadily with a slight upward bias. Chempricehub's analysis of butadiene gives a long-short score of 1.5. The article indicates that butadiene spot prices are showing an upward trend, such as Satellite Chemical raising the price by 100 yuan/ton to 7,700 yuan/ton, and Yantai Wanhua's transaction price of 7,760 yuan/ton being higher than the starting bid of 7,500 yuan/ton, reflecting active market buying interest. Although the supply side is relatively loose, demand performance remains acceptable, especially with the strong trend in the downstream synthetic rubber futures market (e.g., the butadiene rubber futures 2607 contract closing price increased by 135 yuan/ton), boosting sentiment in the spot market. Supported by overall demand, spot prices are expected to operate steadily with a slight upward bias, which is favorable for butadiene spot prices. At the same time, the strength in downstream futures indirectly supports the spot market, reinforcing bullish expectations.