Butadiene Asia

摘要

Butadiene prices were flat to slightly lower this week, with most Chinese market participants sidelined as natural rubber prices plunged. But there was spot activity reported in China, South Korea, Taiwan and Malaysia. The FOB Korea and CFR China benchmarks stood at $2,100/mt Friday, unchanged from a week earlier, while CFR Taiwan prices were down $10/mt at $2,080/mt. March TSR 20 (Technically Specified Rubber) was assessed Friday at $2.93/ kg FOB Basis Singapore, down 14 cents from last Friday. On Tuesday, a Chinese end-user bought 4,000 mt of mid-March loading butadiene for $2,100/mt CFR China.