Butadiene Asia

摘要

The Asian butadiene market shot up $70-90/mt week on week Friday, as buyers were actively seeking spot cargoes amid tight supplies as several butadiene plants are due to be shut in the region for annual maintenance, said trade sources. The most active buyers in the market were South Korean end-users. Some trading sources said a Southeast Asia-origin cargo was sold at $1,500/mt or over, basis CFR South Korea this week. On an FOB Southeast Asia basis, the traded value is equivalent to mid-to high-$1,400s/ mt. A trader also said a spot cargo was also sold in the low-$1,500s/mt CFR South Korea. Supplies in South Korea were heard to be tight ahead of the turnaround season for butadiene plants. No deepsea cargoes were offered in the Asian spot market this week. The FOB Korea butadiene marker was assessed at $1,450/mt, up $70/mt from the previous week.