Butadiene: Trading

The 2025 price slide from China to Rotterdam

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

Europe (FOB Rotterdam surplus)
US Gulf
Korea, Japan, Taiwan

Who sells, and from where

China
Southeast Asia rubber producers
India

Price benchmarks

Benchmark	Publisher	Basis
Butadiene CFR China	S&P Global Platts / ICIS	spot, weekly
Butadiene FOB Rotterdam / European monthly contract	Platts / ICIS	spot and monthly contract
US butadiene monthly contract price	Platts / ICIS	monthly contract, c/lb

Exchanges

Venue	Contract	Notes
Shanghai Futures Exchange	Butadiene rubber (BR) futures	listed 2023; proxy for butadiene
Shanghai Futures Exchange / SGX	Natural rubber futures	substitute benchmark

Contract types

Monthly contract prices in the US and Europe
Spot pressurised cargoes of 2,000-5,000 t
Term supply to rubber makers with formula pricing

Traders and distributors

Mitsui
Marubeni
Itochu
Vitol
Trafigura
Sinochem

How Indian buyers price it

Indian rubber makers price imports on CFR India or CFR SE Asia spot; domestic producers sell captively or at import parity.
No current DGTR anti-dumping duty on butadiene was found.

Recent price points

Date	Price	Basis	Source
8 Sep 2025	$1,095/t	CFR China	S&P Global Platts, Sep 2025
Sep 2025	CNY 9,300/t (about $1,135/t import parity)	China domestic	S&P Global, Sep 2025
Jan-Dec 2025	down $470-530/t	CFR China, CIF USG, FOB Rotterdam	S&P Global Platts, Dec 2025

Good sources to follow

S&P Global Commodity Insights chemicals newsfreemium research site · S&P Global