SunSirs--China Commodity Data Group

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SunSirs: BR Market Rebounded Slightly

April 09 2020 21:37:17     SunSirs (Daisy)

Product Name: Butadiene Rubber BR9000

Latest Price (on April 8): 7,725 RMB/ton

Analysis Points: Domestic butadiene rubber market small rebound. According to SunSirs, today's market prices of shun-butadiene rubber small rebound. Qilu, Sichuan, Daqing Shun Butadiene Rubber market mainstream reported 7500 ~ 7700 RMB/ton. The main recent rebound in crude oil and Shanghai rubber led the atmosphere of BR market, and the low price of BR to attract more inquiries.

Market Forecast: Raw material butadiene is still at a low level, and demand is still to pick up. It is expected to later butadiene rubber market will be a narrow fluctuation. 

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