In Q1 2022, the Butadiene price showed varied sentiments in North America. At the initial part of the quarter prices remained plunged initially and later recovered. During January, the prices dropped significantly by 10% as compared to last quarter of 2021. The initial decline in the prices was attributed to the abundant supplies and weak trading activities. Demand from downstream Styrene Butadiene Rubber (SBR) and Acrylonitrile Butadiene Styrene (ABS) plastic has remained bearish in the region. As the upstream Crude and Natural gas prices rallied upwards by the mid quarter, the Butadiene sentiments shifted marginally towards the upward side in USA. Korea, a major exporter of Butadiene exported the product in USA at sky high values due to soaring freight charges.