SunSirs--China Commodity Data Group

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SunSirs: China Domestic NBR Market Rose on August 19

August 20 2020 10:12:43     SunSirs (Selena)

Commodity name: Nitrile rubber (NBR)

Latest price (August 19): 13,533 RMB/ ton

Analysis points: China domestic NBR market offer rose slightly, with the mainstream average price at 13,533 RMB/ ton, up 0.49% compared with the previous day. According to the monitoring of SunSirs, the price of NBR in the domestic market rose slightly. The mainstream price of NBR 3305 in Lanhua was 12,900-13,100 RMB/ ton, and that in Nandi 1052 was 14,800-15,200 RMB/ ton.

The prices of butadiene and acrylonitrile continue to rise. According to the monitoring of SunSirs, the domestic butadiene price is 5,320 RMB/ ton, and the ex-factory price of acrylonitrile in Shanghai Secco is 7,600 RMB/ ton.

Market forecast: raw materials go up; China NBR market is expected to rise slightly in the short term.

 

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