On September 4, the main contract of butadiene rubber futures contract 2401 continued to rise in the night market, closing at 14350 yuan/ton in the night market.
The international crude oil price ran at a high level overnight. The WTI10 contract closed at US$85.97/barrel, and the settlement price was 85.55 yuan/barrel; the Brent 11 contract closed at US$88.95/barrel, and the settlement price was US$89.00/barrel.
The price of butadiene, the raw material, remained high, and the cost of butadiene rubber continued to maintain a supportive situation; on the 4th, the ex-factory price of butadiene rubber was raised by around 1,000 yuan/ton. A small amount of downstream inquiries. It is expected that the overall offer center of gravity of the butadiene rubber market will continue to rise on the 5th.
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