Asian Butadiene - Stable amid thin price discussion■ Lower Local China amid rising Supplies■ India increases SBR Dump Duty from Korea, EU, and
ThailandAsian butadiene was deemed stable on Aug.
3. However, the local China price dropped Yuan 200/mt due to rising supplies. Commodity Insights data, the
local China butadiene prices fell Yuan 200/mt each day. This translated to Yuan
8,900/mt (or $1,138/mt) on an import parity basis. China's butadiene supply is increasing. China's Zhejiang Petroleumchemical plans to open its new
250,000 mt/year No. A company source told
Aug. 3 that the Zhejiang Three Butadiene Plant will be operational by August
middle. Market participants, however,
decided to wait and see amid the unplanned shutdown of South Korea's steam
cracker plant. In related news, India has
extended an anti-dumping duty on emulsion styrene-butadiene-rubber, or E-SBR,
imports...