Markets > Commodities

Butadiene prices soar on tight supply

BEIJING
2015-12-23 09:46

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Butadiene prices in China began to climb this week after fluctuating at low levels for months.

PetroChina Fushun Petrochemical Co. and PetroChina Liaoyang Petrochemical Co. raised butadiene prices by more than 11 percent within two days, a boost of 350 yuan/tonne on Monday and 200 yuan/tonne on Tuesday.

Several other leading butadiene suppliers also raised prices this week. Industry analysts estimated that butadiene prices would continue to rise in the short term on tight supply.

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