the domestic 1,3-butadiene market continues its upward trend. the market is still dominated by mainstream manufacturers. at the beginning of the week, 1,3-butadiene prices rose at a high level, and sinopec and other suppliers raised 1,3-butadiene supply prices, boosting merchants to follow the higher quotations. according to the sample data monitored by sunsirs, as of june 18, the domestic 1,3-butadiene market price is 8,532 rmb/ton, the price increases by 24.58% month-on-month and the price increases by 144.48% year-on-year. in terms of price, the price of 1,3-butadiene in central shandong is 9,350-9,450 rmb/ton, and the price of 1,3-butadiene in east china is about 8,850-8,950 rmb/ton.

　　analysis review

　　the nstream just in demand was forced to accept high-priced sources of goods, and improved transactions supported the market to be strong. although the transactions of sporadic high-price offers were limited, under the influence of export news, middlemen had no intention of lowering, and short-term market expectations were strong, and the market performance was relatively strong.

　　on the corporate side, sinopec’s sales companies raised the supply price of 1,3-butadiene by 500 rmb/ton to 8,400-8,900/ rmbton. nanjing chengzhi’s 100,000-ton/year 1,3-butadiene extraction unit shut n for maintenance on april 9 and planed to restart on june 17.

　　external disk: as of june 17, asian 1,3-butadiene prices increased: fob korea closed at 1,185-1,195 us dollars/ton, an increase of 10 us dollars/ton; cfr china closed at 1,195-1,205 us dollars/ton, an increase of 10 us dollars/ton. european 1,3-butadiene external disk prices were stable: fob rotterdam closed at 1,695-1,705 us dollars/ton; fd northwest europe closed at 1,295-1,305 euros/ton.

　　market outlook

　　the external market continues to be strong, domestic sources of goods are actively exported, supply pressure is eased, and there is support from short-term supply. under the strong support of export news, there is no low-priced supply in both domestic and foreign markets. 1,3-butadiene analysts of sunsirs expect the market to consolidate at a high level.