January 23rd News: On January 23rd, 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 raised the price by 900 yuan/ton to 10,500 yuan/ton; Yantai Wanhua sold 84 tons externally with a base price of 10,000 yuan/ton. The domestic butadiene market continues its upward trend, supported by tight spot supply, bidding premiums, and strong downstream synthetic rubber demand, driving prices higher. Although profit pressures have led to cautious procurement, suppliers' quotations remain firm, low-priced sources are scarce, and the tight supply situation persists. Overall, it is expected that the spot market will continue to rise today, with a focus on downstream transactions and inventory levels. Chempricehub's analysis of butadiene, with a bullish-bearish score of +1.5, indicates that the butadiene market supply remains tight. Enterprises such as Dongming Petrochemical and Yantai Wanhua maintain stable bidding base prices at 10,000 yuan/ton, while Satellite Chemical raised its quotation by 900 yuan/ton to 10,500 yuan/ton, reflecting premium conditions in the spot market. Strong demand from downstream synthetic rubber provides support, driving prices upward. Despite profit pressures leading to cautious procurement, suppliers' quotations remain firm, low-priced sources are scarce, and the supply structure remains unchanged. It is expected that spot prices will continue to rise today. Based on supply shortages, demand support, and price increase expectations, a moderately bullish score of +1.5 is assigned.