SunSirs--China Commodity Data Group

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SunSirs: China NBR Market was Stable on June 30

July 02 2020 10:01:26     SunSirs (Selena)

Trade name: nitrile rubber (NBR)

Latest price (June 30): 13,866 RMB/ ton

Analysis: China domestic NBR market offer was stable on June 30, and the mainstream average price was 13,866 RMB/ ton. According to the monitoring of SunSirs, the price of NBR in the domestic market was stable, and the mainstream price of NBR 3305 in Lanhua was 13,000-13,200 RMB/ ton, and that in Nandi 1052 was 14,700-15,000 RMB/ ton.

The price of raw material butadiene was low and stable, and the cost was stable. According to the monitoring of SunSirs, the domestic butadiene price was 3,456 RMB/ ton.

Market forecast: NBR market will continue to be weak and stable in the short term.

 

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