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Oct 29, 2008

Recent domestic butadiene rubber market decline does not change

Yanhua butadiene rubber production to normal. Quote factory steady at 15,440 and 15,540 yuan / ton, the smooth shipment and sales in good condition. Qilu Petrochemical butadiene rubber plant has been operating normally, supply is still tight, keep inventory low, sell well and continue to offer the current factory at 15,500 yuan / ton. High-week-butadiene rubber production plant to normal, good sales, the supply tension, the steady value in the current 15,700 yuan / ton. Dushanzi Petrochemical normal production, sales potential stability, the current price remains at 15,500 to 15,700 yuan / ton. Daqing Petrochemical is still maintenance, production of low-Yue, less supply on the market.

This week butadiene rubber market price decline does not change, but in some areas a slight decline in the previous period to reduce the market for the time being there have been rare in stable, the market prices continued to fall. Recently, Shandong market butadiene rubber mainstream high offer little change, the market price down to a certain extent, the market mainstream in Shandong market quotations for 15,500 yuan / ton or so, the market turnover is still very low, prices continued to fall. Shenyang, northeast China market butadiene rubber market in the mainstream offer 15,800 to 16,000 yuan / tons. Guangdong, southern China market butadiene rubber prices continue to face downward pressure on the lower reaches of the demand is not active in the market price of the mainstream of 16,000 ~ 16,200 yuan / tons. East China butadiene rubber market in the mainstream offer 15,800 to 15,900 yuan / tons. Hengshui in North China, Tianjin and butadiene rubber market quotations in the mainstream of 15,600 ~ 15,800 yuan / tons, compared with an adequate market supply, the market downturn.

North China: 15,500 to 15,800 yuan / ton

East China: 15,800 to 15,900 yuan / ton

Northeast: 15,800 to 16,000 yuan / ton

South China: 16,000 to 16,200 yuan / ton

Market outlook forecasts: this week butadiene rubber companies offer stability, as a result of the lower demand in the doldrums, the market traded weak next week butadiene rubber prices continue to fall slightly.

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