According to the data monitoring of SunSirs, the domestic SBR market fell last week (11.19-11.26). According to the monitoring of SunSirs, as of November 26, the domestic price of SBR was 13,566 RMB/ ton, down 0.79% from 13,675 RMB/ ton on Friday the previous week.

Last week, the ex-factory price of SBR of domestic enterprises was stable. According to the monitoring of SunSirs, as of November 26, the ex-warehouse price of SBR of Jihua and Lanhua of CNPC North China sales company was 13,400 RMB/ ton; The market offer has gradually dropped. According to SunSirs, the mainstream price of SBR in Fushun, Qilu, Jihua, Weitai and other markets is around 13,400 - 13,800 RMB/ ton.

Last week, the prices of raw materials butadiene and styrene fell, and the cost side was weak. According to the monitoring of SunSirs, as of November 26, the price of butadiene was 6,820 RMB/ ton, down 3.54% from 7,070 RMB/ ton last Friday. As of November 26, the domestic styrene market price was around 8,300 RMB/ ton, down 3.21% from 8,575 RMB/ ton on Friday the previous week.

Since November, the natural rubber market has fluctuated and consolidated at more than 13,000 RMB/ ton, rising to 14,360 RMB/ ton within the month, rising by 2.26% at the end of the month compared with the beginning of the month, which has a certain support for CIS polybutadiene rubber.

SunSirs analysts believe that although the current low raw material prices and weak supply and demand mainly have a negative impact on SBR, it is expected that the price market of SBR in China will continue to be weak in the later stage.

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