On September 1, domestic butadiene auction and sales updates from selected producers were as follows: Dongming Petrochemical offered 196 mt for external sale, with a floor price of RMB 13,300/mt; Satellite Chemical offered 196 mt for external sale, with a starting auction price of RMB 13,200/mt. Overnight crude oil strength lifted spot market sentiment, and market discussions were relatively active. However, downstream enterprises generally remained wait-and-see, with limited purchasing interest. The short-term trend is expected to remain relatively firm.
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