SunSirs--China Commodity Data Group

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SunSirs: China Domestic BR Market Rose on August 19

August 20 2020 10:11:01     SunSirs (Selena)

Commodity name: BR 9000

Latest price (August 19): 8,170 RMB/ ton

Analysis points: the domestic market price of BR 9000 was 8,170 RMB/ ton, 1.24% higher than the previous day. The price of butadiene continues to rise, driving the downstream synthetic rubber to follow up. According to the monitoring of SunSirs, the current butadiene price is around 5,320 RMB/ ton.

Market forecast: the price of raw material butadiene continues to rise. Under the pressure of cost, it is expected that China BR market will continue to rise in the future.

 

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