No short term hope on cards for butadiene

摘要

BUTADIENE SPOT prices have fallen below US1000/tonne cfr NEA for the first time in almost 18 months.Traders believe they could reach US900/tonne by January.Oversupply from increased capacity,a rise in deepsea cargoes and waning demand are to blame,and any recovery in price seems unlikely in the short term.The current price in China is below US950/tonne cfr.