-Asian Butadiene Daily Rationale

CFR China was stable at $1,360-1,400/mt
day-on-day on July 8, according to CFR Northeast Asian prices. On a weekly basis, the
market dropped $30-35/mt. CFR NE Asia was
stable at $1360-1400/mt day-on-day, reflecting a tradable price of $1,360-1,400/mt. On a weekly basis, the marker was $30-35/mt lower. FOB Korea was steady at $1,360-1,400/mt on muted trade
activity. On a weekly basis, the
assessment fell $40-45/mt. Spot prices in
China were stable at Yuan 10,150-10,200/mt day on day. This was due to Yuan
10,300-10,500/mt delivered. The assessment was normalized to Yuan 10.150-30.50/mt
ex tank basis. CFR Taiwan was valued at
$1360-1400/mt, a $30 decrease in spot prices week-on-week. This is due to CFR
Northeast Asia's tradable levels of $1,360-1,400/mt. CFR Southeast Asia was also assessed at $1360-1400/mt, a $30-35/mt
drop week-on-week, consistent with other CFR...