- China's Zhejiang Petrochemical reopens No. 1 plant- Asia butadiene HTML4- Naphtha
spreads narrowest in two month







Due to thin price discussions, the Asian
butadiene market was stable on April 3, compared to March 31, According to some trading sources, the market
could rebound as spot supplies for May business are expected to be limited due
to a turnaround season. However, April spot supplies are
sufficient. Spot prices in China remained unchanged at Yuan
8,600/mt (April 3), or $1,084/mt if you consider import-parity, as compared to
March 31. According to market sources, China is more
likely to export because its domestic market price is lower than its export
price. China is also seeing an increase in butadiene
supply. China's Zhejiang Petroleumchemical restarted
March 31 its 200,000-mt/year No. According to a company source, there
is only one butadiene plant located in Zhejiang. The...