On August 31, Sinopec East China implemented a price of 12,500 RMB/ton, while Sinopec North China implemented 12...

On August 31, Sinopec East China implemented a price of 12,500 RMB/ton, Sinopec North China implemented 12,800 RMB/ton, Sinopec Central China implemented 12,800 RMB/ton, and Sinopec South China implemented 12,700 RMB/ton. Today, the domestic butadiene market maintained a stagnant consolidation trend. Spot supply remained generally tight, with a continued willingness to hold prices firm in the market. However, downstream end-user purchasing sentiment was relatively weak, with buyers only following up on essential demand orders. Transaction volumes in the market were limited. In the short term, the supply-demand tug-of-war is expected to persist, with the market maintaining a volatile range-bound movement.