On October 10, the auction and sales status of butadiene at selected domestic enterprises: Satellite Chemical – 3

Domestic Butadiene Auction and Sales Update (October 10):

• Satellite Chemical: Sold 336 metric tons for export at an auction starting price of RMB 13,800/ton.
• Dongming Petrochemical: Sold 280 metric tons for export at an auction starting price of RMB 14,050/ton.

Following the holiday, downstream buyers initiated restocking activities, leading to improved transaction volumes compared to pre-holiday levels. Bullish sentiment in futures markets has boosted spot market confidence. However, given limited downstream procurement demand, the butadiene market is primarily characterized by high-level fluctuations.