Butadiene prices in Asia may fall further
market participants said on Wednesday (August 31) that butadiene prices in Asia may fall further in September due to the dual impact of increased supply and weak demand. Traders should always clean the nip department, saying that the negotiated price range of the goods delivered in September in the Asian butadiene spot market on August 31 was $3500 - $3700/ton (CFR Northeast Asia). According to ICIS, as of August 26, the spot price of butadiene in Asia was $3650 - $3700/ton (CFR Northeast Asia), down $350/ton from the price at the end of July
traders said that there were already some spot shipments of butadiene delivered in September from China and the Middle East in the current market, but the demand was still weak, because some synthetic rubber plants in Asia were shut down for maintenance or low-volume operation
a trader said: "if Formosa Petrochemical is not, after all, these are the core components of the tension machine, it will restart the No. 1 cracking device for a long time, and the universal servo experimental machine adopts Electromechanical to drive the precision screw pair to rotate through the belt pulley deceleration system, then there will be more supply of butadiene goods in the market in September, which will exert downward pressure on the price of butadiene."
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