『Episode 1451: Global BD prices surge on Middle East supply disruption』のカバーアート

Episode 1451: Global BD prices surge on Middle East supply disruption

Episode 1451: Global BD prices surge on Middle East supply disruption

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概要

LONDON (ICIS)--Butadiene prices have surged globally following Middle East supply disruptions linked to the US‑Iran conflict. Europe BD editor Melissa Hurley discusses the current market conditions and challenges facing the global market with editors Ai Teng Lim, Elaine Zhang and Senior BD analysts Gawaine Preston (Europe) and Ann Sun (Asia) and Preeti Sriram covering (US).

Asia

  • Asian butadiene output losses could to deepen into April and beyond, as the ongoing Middle East conflict shows no sign of easing, limiting any near‑term recovery in regional BD production.
  • Synthetic rubber producers considering further production cuts in April given the ongoing tight supply and higher BD prices

Europe


  • Soaring naphtha costs pushed BD producer margins negative in March, resulting in a sharp triple‑digit rise in the April contract price - up 50% month-on-month
  • Export prices surged around 80% month on month in March
  • Tight availability amid planned BD/cracker turnarounds making it challenging to export volumes towards Asia


US market

  • US BD prices also rising, but spot export supply remains tight due to outages and turnarounds
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