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Acrylonitrile-butadiene rubber News
SunSirs: China NBR Market is Weak
August 02 2023 14:36:59SunSirs(Selena)

Last week (7.24-7.31), the market of NBR was weak. According to the commodity market analysis system of SunSirs, as of July 31, the price of NBR was 13,800 RMB/ton, a slight drop of 0.9% from 13,925 RMB/ton the previous Monday. The price of raw material butadiene and acrylonitrile rose slightly, and the focus of NBR cost moved up slightly; Downstream demand continues to be weak, and market transactions remain relatively flat. The ex factory price of NBR enterprises is temporarily stable this week. At present, the mainstream report of the 3305 market of Lanhua nitrile in East China is 13200-13400 RMB/ton; Nandi Nitrile 1052 mainstream reported at 15,300-15,500 RMB/ton; Sibur Nitrile 3365 mainstream reported 12,300-12,500 RMB/ton; Shunze nitrile 3355 mainstream reported at 13,700-14,000 RMB/ton.

Last week (7.24-7.31), the prices of raw materials butadiene and acrylonitrile slightly increased, and the cost of NBR slightly increased compared with the previous period. According to the Commodity Market Analysis System of SunSirs, as of July 31st, the price of butadiene was 7,201 RMB/ton, an increase of 3.34% from last Monday's 6,968 RMB/ton; As of July 31st, the price of acrylonitrile has increased by 1.25% from last Monday's 8025 RMB/ton at 8,125 RMB/ton.

Downstream rubber hose, automotive parts and other rubber product industries mainly have small inquiries and small transactions in the market.

SunSirs nitrile analysts believe that the supply of NBR is increasing slightly at present, and the downstream inquiries are general, so it is expected that the market of NBR will continue to be weak and consolidated in the short term; In the later period, although Jinpu device will be shut down for maintenance, Lanhua nitrile device is planned to restart, and the overall supply pressure will increase slightly. If there is no significant increase in downstream demand, NBR will still operate with weak vibration.

 

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