Butadiene Asia

摘要

The Asian butadiene market surged $145-$170/mt week on week Friday, driven by tight supplies especially in South Korea and Taiwan. In addition, steam cracker operators have been using liquefied petroleum gas rather than naphtha amid strong ethylene margins, which has reduced butadiene production in Asia. Spot butadiene demand in South Korea and Taiwan was particularly strong in Asia amid plant turnaround season. In South Korea, YNCC will soon restart its 220,000 mt/year butadiene plant in Yeosu. The plant was shut in the middle of May for an annual maintenance. No spot cargoes were reported to be available on an FOB Korea basis as butadiene suppliers were rather selling their cargoes in the domestic market in order to satisfy strong demand from their local customers.