Under the double negative factors butadiene crash

Since late February, the domestic butadiene spot prices sharply lower, from 11,400 yuan (t price, the same below) about the way rapid decline, March 21 has fallen to 8850 yuan. Why just a few weeks,Wholesale masking tape

 butadiene plummeted, falling two percent of it? In my opinion, this is not without signs of collapse, after the Chinese New Year holidays, accounting for more than 60% of the consumption ratio butadiene styrene butadiene rubber rolls butadiene rubber prices will pressure both weaker demand Guadan. In the overall downturn in the environment of synthetic rubber, butadiene slump also granted. Masking tape

The decline of the fuse, I believe that is the manufacturers ex-factory price cut news. In late February, Sinopec North China, East China Sales Company came news butadiene early March execution price down 600 yuan to 9,500 yuan; South China, Central China sales execution price down 900 yuan to 9,500 yuan. The new prices are effective from March 1. Subsequently, the price of losing support, the double negative impact on downstream demand weakened, butadiene prices almost walk "out of control" type of down channel.Washi tape