Chinese Butadiene Market Annual Report 2016

Published: March 2017
No. of Pages: 49
    ReportsandReports

Keywords: Butadiene capacity, output, demand, import, export, review and forecast of China and the worldwide, involving PetroChina, Sinopec and other butadiene participating enterprises.
Introduction:
The butadiene supply in the Chinese market was tight in the most time of 2016. Though the prices were still at relatively low levels, the Chinese butadiene market moved more than expected. Tight supply was basically the hottest topic in 2016. Then, why was the supply tight when the capacity had no declines? The 2016 Chinese Butadiene Market Annual Report will show you the reasons.
The Chinese butadiene market performed more positively in 2016 than that in 2014 and 2015. In 2016, the highest price was RMB 20,000/mt in end December and the lowest one was RMB 6,100/mt in early January. In 2016, the supply pattern of Chinese butadiene market was largely stable. The total capacity was around 3,500kt/a. PetroChina and Sinopec held most of the capacity, and private producers occupied a small market share. As for production process, the C4 extraction process was the major one, and butene ODH process had no advantages in the production cost compared with C4 extraction. As for the demand for butadiene, the total demand volume was about 2,770kt. Major downstream fields included SBR, PBR, SBS, ABS, NBR and synthetic latex. The demand for butadiene from ABS, SBS and NBR fields in 2016 increased Y-O-Y. The growth rate of butadiene’s downstream demand slowed down in 2016. The import volume hit the lowest point in 2014 and inched up year by year in 2015 and 2016. In 2016, China imported 273.2kt of butadiene, down 1.63% Y-O-Y.

Published By: SCI Group
Product Code: SCI Group27


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