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Since the beginning of this year, the domestic butadiene market has fluctuated sharply.
As of press time, it has closed up 3.
7%, with an amplitude of 42.
9%
.
During the Spring Festival, due to unexpected factors, some butadiene installations in Japan and the United States have reduced production and shut down to varying degrees, resulting in a reduction in the overall supply of butadiene.
In addition, most domestic manufacturers have no shipping pressure.
Butadiene prices in February to March Soaring higher
.
Later, as the device gradually returned to normal, the price began to fall
In recent years, domestic butadiene production capacity has continued to grow steadily
.
According to statistics, as of the end of 2020, the domestic annual production capacity of butadiene was 4.
In terms of import and export, customs data showed that from January to April this year, domestic imports of butadiene totaled 116,100 tons, a year-on-year decrease of 10.
3%
.
It is worth noting that the domestic export volume of butadiene reached 34,600 tons from January to April, while the export volume in the same period in 2020 was only 1,900 tons.
On the demand side, butadiene is mainly used to produce synthetic rubber, of which styrene butadiene rubber and butadiene rubber account for more than 50%
.
The downstream of synthetic rubber is dominated by the automobile industry.
But it should be noted that downstream demand for butadiene will be impacted by natural rubber
.
Since the beginning of this year, the natural rubber market has shown a trend of rising and falling, closing down 3.
On the whole, as the large-scale refining and chemical integration projects have been launched in recent years, and the supporting butadiene devices have been put into production one after another, the domestic production capacity of butadiene is expected to increase significantly, and the manufacturers' willingness to export has increased significantly
.
At the same time, the terminal automobile industry is generally improving, with strong demand support, and the butadiene industry will usher in rapid development
