SunSirs--China Commodity Data Group

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SunSirs: Acrylonitrile-Butadiene Rubber Price Fell 

April 01 2020 14:37:42     SunSirs (Daisy)

Product Name: acrylonitrile-butadiene rubber

Latest Price (On March 31): 14,200 RMB/ ton

Analysis Points: Today (On March 31) domestic nitrile rubber transaction was light, and the mainstream average price was 14200 RMB/ton. According to SunSirs, the domestic nitrile rubber market prices fell. Langhua nitrile N41, 3305, 3308 mainstream prices were at 11,900 RMB/ton, 12,800 RMB/ton, and 12,900 RMB/ton respectively. Nandi 1052 main price was 15,000 ~ 15500 /ton; Imports of Russian nitrile 2665 mainstream at 12,400-12,900 yuan/ton. 

In terms of raw materials, low prices of raw materials drag nitrile butadiene rubber. According to SunSirs, the current domestic butadiene price was 5127 RMB/ton. As for deal, the current nitrile industry chain overall transaction was light. In summary, the above factors make the current NBR overall price soft.

Future Forecast: NBR market continues to be weak in the short term.

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

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