Butadiene prices in the European market showed minimal fluctuations during the second week of January xxxx, with limited support from feedstock. The demand for Butadiene in the region remained lacklustre due to off-season dullness and tepidness in the global economy. Consequently, inquiries from the downstream industry were subdued, reflecting slow consumption from end-users. Despite this, the Red Sea turmoil has instilled caution among industry players, impacting ocean freight rates and logistics operations, signalling potential supply disruptions. It is anticipated that Butadiene prices will likely rebound in the upcoming weeks.
According to the latest data from ChemAnalyst, Butadiene prices have remained stable in the German market. Despite the increase in international crude oil prices, a decline in feedstock Naphtha prices within the given timeframe resulted in lower production costs for Butadiene. German producers adjusted run rates at their plants to align with demand conditions amid a...
