Hamburg, (Germany): Butadiene prices ended June on a soft note across the European market as buyers’ appetite remained weak, with broader macroeconomic pressures continuing to limit demand from derivative sectors. Consumers were also observed to be buying hand-to-mouth due to weakness in downstream industries. On the supply side, Butadiene availability increased as production units ramped up following offline periods in May, further weighing down regional prices. However, feedstock prices have persistently increased, although they currently have minimal impact on Butadiene prices.
According to ChemAnalyst&#xx;s latest database, Butadiene prices witnessed a decline of USD xx/MT in the German market. Market sentiment turned less bullish domestically as Butadiene supply improved with the ramp-up of several steam crackers after outages in May. Both Lyondellbasell’s cracker in Berre and Total Energies’ Gonfreville crackers resumed operations, collectively capable of outputting xxx,xxx MT/year of Butadiene. On the other hand, port workers in Germany...
