# Butadiene: Trading

The 2025 price slide from China to Rotterdam

Source page: https://www.materialinsights.org/chemicals/butadiene/trading/

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 news](https://www.spglobal.com/energy/en/news-research/latest-news/chemicals)freemium research site · S&P Global

Butadiene and synthetic rubber prices and outlook
[Mysteel Global](https://www.mysteel.net)freemium research site · Mysteel

China butadiene capacity and trade
[Hellenic Shipping News](https://www.hellenicshippingnews.com)free newsletter · Hellenic Shipping News Worldwide

Reposts ICIS weekly Asian petrochemical market reports, including butadiene

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/butadiene/index.md)
- [Overview](https://www.materialinsights.org/chemicals/butadiene/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/butadiene/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/butadiene/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/butadiene/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/butadiene/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/butadiene/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/butadiene/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/butadiene/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/butadiene/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/butadiene/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/butadiene/links/index.md)