- Tenders for Southeast Asia closed without buyers- China's Zhejiang computer starts to produce according to
specification.



Due to thin price discussions, Asian
butadiene was rated stable on Aug. 10, compared to Aug. 8. The market sentiment was
bearish, however. According to market
sources, China's main supplier Sinopec reduced its local list price by Yuan 500-550/mt
on Aug. 9, from Yuan 7,800-8,000/mt a day earlier to Yuan 7,800-8,000/mt on
Aug. 9. This was due to a Singapore public holiday. On Aug. 10, the normal publication schedule was restored. The local China butadiene prices were stable at Yuan 8,200-8,500/mt
on Aug.10. Market sentiment will likely
remain bearish due to rising supplies. China's
Zhejiang Petroleumchemical plans to increase the operating rates for its
250,000 mt/year No. A company source
stated that the 3 butadiene plants in Zhejiang will be 100%...