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SunSirs: Rubber, Acrylonitrile-Butadiene Rubber Price in East China Fell Slightly 9 (December 23-27)

December 30 2019 11:31:02     SunSirs (Daisy)

1. Price Trend

This week (December 23-27), the price of acrylonitrile-butadiene rubber fell slightly. At the beginning of the week, the price of acrylonitrile-butadiene rubber was 16,433 RMB / ton. On the weekend, the price of acrylonitrile-butadiene rubber was 16,333 RMB / ton. The overall price fell slightly by 0.61%.

2. Market Analysis (See historical analysis)

Low prices for butadiene raw materials

The price of butadiene is low and the support for acrylonitrile-butadiene rubber has weakened. According to data from SunSirs, the price of butadiene was around 8,345 RMB / ton this week (December 23-27), and the overall change was small.

Petrochemicals’ ex- factory price is stable

The equipment of domestic acrylonitrile-butadiene manufacturers is operating normally. The ex-factory price of acrylonitrile-butadiene rubber is stable, and the overall operating rate of the acrylonitrile-butadiene rubber equipment is around 70%.

According to SunSirs, Lanzhou Petrochemical's 65,000 tons / year unit is operating normally. The ex-factory price of blue acrylonitrile-butadiene rubber this week is stable. Currently N41E is reported at 15,000 RMB / ton, 3305E is reported at 15500 RMB / ton, and 3308E is reported at 15600 RMB / ton.

Most downstream inquiries based on needs.

The demand of acrylonitrile-butadiene rubber downstream plants is weak, and more inquiries about acrylonitrile-butadiene rubber are exactly what they needed. The overall acrylonitrile-butadiene rubber market is relatively weak and stable.

3. Market Forecasting

According to Xu Xiaokun, an analyst at SunSirs, the price of raw materials is low, and downstream inquiries on demand. The overall acrylonitrile-butadiene rubber is slightly weak. It is expected that the acrylonitrile-butadiene rubber market may continue to be weak in the later period.

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