Finishing after butadiene price rise

Last week, the domestic butadiene market rose sharply, and the domestic butadiene market rose at the beginning of this week. According to the sample data monitored by the business agency, from November 2 to November 6, the domestic butadiene market price narrowly dropped from 9200 yuan / ton to 9142 yuan / ton, a decrease of 0.62% in the week, a 44.24% rise in price on a month on month basis, and a 6.96% rise in price year-on-year basis. As of Friday (11.6), the quotation of self raised tank in East China is about 9100-9200 yuan / ton, and that of Shandong is about 9100-9150 yuan / ton. At present, the Asian butadiene external market closed at a high level, boosting the mentality of domestic traders. Business agency butadiene analysts expect that next week the domestic butadiene market finishing wait-and-see.

 

The external supply price of butadiene of Sinopec production enterprises is as follows:

 

Enterprise price (yuan / ton) device dynamics

Normal operation of 9200 165000 T / a unit in Zhenhai Refining and Chemical Co., Ltd

Normal operation of 92001200 T / a unit in SINOPEC

Normal operation of 92012000t / a unit of Yangzi Petrochemical Company

Sinopec’s 92.2 million T / a plant is in normal operation and mainly supplied by each other

Maoming Petrochemical’s 92.015 million T / a unit is in normal operation, mainly supplied by each other and exported in a small amount

Guangzhou Petrochemical’s 92.03 million T / a plant is in normal operation, mainly supplied by each other and exported in a small amount

Shutdown maintenance of Wuhan ethylene 9200 130000 T / a plant

External market: as of November 5, the external price of butadiene in Asia rose: FOB Korea closed at 1125-1135 US dollars / ton; CFR China closed at 1125-1135 US dollars / ton, both up 20 US dollars / ton. The external price of butadiene in Europe was stable: FOB Rotterdam closed at 695-705 US dollars / ton; FD northwest Europe closed at 535-545 euro / ton.

Thiourea