Chempricehub reported on August 25 that, on that day, several domestic butadiene enterprises conducted bidding and sales as follows: Dongming Petrochemical offered 168 tons for external sale at a floor price of 12,500 yuan/ton; Satellite Chemical offered 336 tons for external sale with a starting bid of 12,500 yuan/ton. Recently, the butadiene market has been on an overall upward trend, with tight spot supply in the market and producers continuously raising ex-factory prices to boost the market. Downstream enterprises have restocking demand, providing strong support from both supply and demand sides. It is expected that the market will maintain a high-level range-bound pattern in the near term.
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