Butadiene prices continue to fall in the U.S. on rising supply and weak export demand

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Last week, butadiene prices drifted lower in the United States.

An sector source in the U.S. told a Polymerupdate team member, “U.S. butadiene prices extended their decline to a fourth consecutive week as improving supply availability continued to weigh on the market. Increased domestic material availability, combined with limited export opportunities, kept supply conditions comfortable. Additional pressure stemmed from weaker trends in Asian and European markets, as well as softer energy prices, which dampened overall market sentiment. Trading activity remained subdued amid cautious buying interest and muted demand conditions. While downstream consumption remained relatively steady, it was insufficient to absorb the growing supply, resulting in continued downward pressure on butadiene prices.”

Spot CIF US Gulf butadiene prices were assessed at 65.50–66.00 cents/lb levels, reduce by (-3.50 cents/lb) from the previous week.

Meanwhile, in Asia, butadiene prices were assessed at USD 1555-1565/mt CFR China levels, a sharp week-on-week fall of USD (-60/mt).

In Europe, butadiene prices were assessed at USD 1195-1205/mt FOB Rotterdam levels, a steep drop of USD (-195/mt) from the previous week.

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