The price of Butyl Acetate shows downward trend

The price data from ECHEMI last week shows that, the price of Butadiene keeps rising.

Last week, although the Butadiene’s quotation from Sinopec increased largely, but concerning the Butadiene’s market, the amount of increase has already turned slow down. Along with the Spring Festival coming, some factories downstream intend to begin a vacation in advance because of the high price raw material, therefore the demand decreased, trade also became light. At present, the aspect of supplies is too tight to support the offer of Butadiene remain firmed, further more, the rubber market rose sharply which is good for the market of Butadiene. In a word, it is estimated that the price of Butadiene will running in a finishing condition this week.