SunSirs--China Commodity Data Group

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SunSirs: Viewpoint on The Rise and Fall of SBR on September 18

September 19 2019 11:08:09     SunSirs (Eva)

  Product Name: Styrene Butadiene Rubber 1502

  Latest price (September 18): RMB 10780/ton

  Analysis Points: On Monday (September 16), the ex-factory price of domestic styrene-butadiene rubber manufacturers increased by 100 yuan/ton. According to the monitoring of business associations, the factory price of Qilu Styrene Butadiene Rubber 1502 is 10700 yuan per ton. The price of crude oil hit Saudi crude oil facilities on September 14 rose sharply, driving up the price of petrochemical products such as butadiene. Under the pressure of cost, petrochemical enterprises raised the price of styrene-butadiene rubber, and the market quotation increased with the actual transaction negotiated.

  Future market forecast: In the short term, the price of SBR is mainly affected by the price trend of crude oil and raw material butadiene.

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

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