Q:

Analysis of High-Level Butadiene Rubber Prices (September 8)

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A:

On the cost side, the market is supported by crude oil prices nearing the $100 limit—driven by Middle East geopolitical tensions—which has significantly strengthened cost support to BR, a downstream petrochemical product. Regarding the spot market, prices in the Northwest remain high, with traders adjusting offers upward; mainstream quotes to supplies from Sichuan and Dushanzi currently fall within the 15,600–15,700 RMB/ton range. Bullish sentiment in the market is intensifying, providing moderate upward support to prices.

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