Last week (October 25-october 29), the domestic NBR market was stable. According to the monitoring of SunSirs, the price of nitrile rubber was 24,900 RMB/ ton as of October 29, mainly stable.

The ex-factory price of domestic nitrile rubber is stable. According to the monitoring of SunSirs, as of October 29, Lanzhou Petrochemical nitrile N41E reported 21,900 RMB/ ton, 3305E reported 22,800 RMB/ ton and 3308 reported 23,900 RMB/ ton. Some manufacturers control issuing orders, and the market supply is tight. The downstream rubber products industry mainly started stably, and the price of nitrile rubber was strong.

Raw butadiene fell and the cost side was weak. According to the monitoring of SunSirs, as of October 29, the price of butadiene was 7,991 RMB/ ton, down 5.27% from 8,435 RMB/ ton at the beginning of the week.

SunSirs NBR analysts believe that the supply of goods in the market is still tight, and the high price of NBR in China is expected to be strong in the short term.

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