The European Butadiene market is about to end the year xxxx with a firmer sentiment on the back of rising supply concerns. Despite the initial dip in Butadiene prices at the start of December, with many participants more concerned with their book closures than new commitments, the recent unrest in the Red Sea has significantly altered the situation. In addition, the upstream prices have also been observed on the higher side supporting the prices to follow an upward trend in the regional market. Although demand from the downstream industry has remained subdued, it was insufficient to drive the price realizations of Butadiene at the lower side in the region.
According to ChemAnalyst latest database, Butadiene prices have demonstrated an increment of USD xx/MT in the German market during the last week of December xxxx. The feedstock Naphtha prices have increased in the past few weeks,...
