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Butadiene prices nosedive in Asia

Petrochemical industry | 06 Apr 2020 08:30 IST | Polymerupdate.com

Last week, butadiene prices plunged in Asia. The steep price fall was triggered by plentiful product availability and sluggish demand trends across the Asian regions.

Bearish downstream ABS demand and pricing trends, further pressured prices lower.

On Friday, FOB Korea prices of butadiene were assessed at the USD 445/mt levels, a whooping fall of USD 170/mt from the last week. CFR South East Asia prices were assessed down at the USD 440/mt levels, a steep decline of USD 165/mt from the previous week

CFR China prices of butadiene were assessed lower at the USD 485/mt levels, a week on week plunge of USD 155/mt.
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