1.Price Trend

　　According to the data of SunSirs, the domestic price of cis-butadiene rubber rose (9.2-9.6). At the beginning of the week, the price was RMB 11075/ton, and at the end of the week, the price was RMB 11325/ton, up 2.26%.

　　2.Cause analysis

　　Increased factory overhaul

　　This week, the supply of cis-butadiene rubber continued to decrease, on the one hand, manufacturers continue to parking maintenance. According to the monitoring of business associations, following the shutdown of cis-butadiene rubber plants in Lande, Dushanzi and Qixiang Tengda in Xinjiang, Zhejiang Biochemical Synthetic Material Co., Ltd., which produces 100,000 tons of cis-butadiene rubber annually, stopped again this week from September 4 and is expected to stop for about 10 days. Overall, the inventory of cis-butadiene rubber manufacturers continued to decrease compared with last week, forming a positive impact on the price of cis-butadiene rubber.

　　Petrochemical ex-factory price increase

　　The ex-factory price of domestic cis-butadiene rubber petrochemical plants increased by RMB 200/ton (9.2-9.6). As of September 6, the price of cis-butadiene rubber in CNPC Northeast Sales Company was stable. At present, the ex-warehouse price of cis-butadiene rubber in Daqing was RMB 11,100/ton, and that of cis-butadiene rubber in Jinzhou was RMB 11,100/ton. The price is RMB 11150/ton, of which RMB 50/ton is the storage fee; the price of cis-butadiene rubber of Sinopec North China Sales Company is stable. At present, Qilu Shunding offers RMB 11100/ton, and the price of North China Reservoir increases; Yanshan Shunding offers RMB 11020/ton, and North China Reservoir raises its price.

　　Raw material prices remain high

　　The price of butadiene, the raw material of cis-butadiene rubber, remained high. According to the monitoring of business associations, the price of raw material butadiene remained high this week (9.2-9.6), with RMB 10,443/ton at the beginning of the week and RMB 10,358/ton at the end of the week. The overall price of raw material butadiene fell slightly by 0.81%, still at a high level.

　　3.Future Market Forecast

　　Analyst of SunSirs believes that at present, on the one hand, the high price of butadiene, the upstream raw material, together with the increase in equipment overhaul of cis-butadiene manufacturers, has formed a certain support for cis-butadiene rubber. In the later period, the market of cis-butadiene rubber will continue to show a rising trend.

　　If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.