Hamburg, (Germany): In the last week of May xxxx, Butadiene prices have shown an upward trend across the European market, supported by moderate demand dynamics coupled with tight supply. However, feedstock prices have remained low across the regional market, preventing a steep rise. The question now is whether the bullish market sentiments will continue in June xxxx, or if the approaching holidays will drag down Butadiene prices.
According to ChemAnalyst&#xx;s latest database, prices of Butadiene witnessed a marginal increase of USD xx/MT in the German market amid ongoing supply disruptions. Market reports indicated that material availability was low in the domestic market, as manufacturing firms have been operating at reduced rates due to external headwinds, prompting Butadiene manufacturers to slightly revise their offers. Additionally, the German Manufacturing Purchasing Managers&#xx; Index (PMI) was slightly up in May (xx.x), though still below the threshold level of xx,...
