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Butadiene prices surge in Asia

Petrochemical industry | 01 Mar 2021 08:30 IST | Polymerupdate.com

Last week, Butadiene prices galloped sharply higher in Asia. Prices surged, on the back of constrained product avails and firm regional demand trends.

Stronger upstream energy values coupled with bullish downstream product demand and pricing trends further supported the steep price gain in Asia.

FOB Korea prices of butadiene were assessed at the USD 930-935/mt, a surge of USD 105/mt from last week.

CFR South East Asia prices were assessed at the USD 890-895/mt levels, a whopping rise of USD 140/mt from the previous week.

CFR China prices of butadiene were assessed at the USD 970-975/mt levels, a whopping gain of 120/mt from last week.
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