SunSirs: On March 30, the Acrylonitrile-Butadiene Rubber Market Rose Slightly
March 31 2022 09:00:32 SunSirs (John)
Price trend
According to the monitoring of SunSirs, the domestic price of acrylonitrile-butadiene rubber was 24,375 RMB/ton on the 30th, a slight increase of 0.31% from the previous day.
Analysis review
The ex-factory price of acrylonitrile-butadiene rubber of enterprises was stable, and the offers of merchants were adjusted slightly. According to the monitoring of SunSirs, as of March 30, the mainstream market of Lanhua’s nitrile-butadiene rubber N41E in China was 24,000~24,500 RMB/ton; the mainstream market of Shunze’s nitrile-butadiene rubber 3355 was 23,400~23,600 RMB/ton; and the mainstream market price of Nandi’s acrylonitrile-butadiene rubber 1052 was 25,000~25,200 RMB/ton.
On the one hand, the market supply was tight. On the other hand, although the price of raw material vinyl cyanide fluctuated at a low level, the price of butadiene remained high, the cost side continued to support, and the market offer was firm.
Market outlook
There is little pressure on the supply side of acrylonitrile-butadiene rubber, coupled with rising costs and tight supply expectations in the later period, it is expected that acrylonitrile-butadiene rubber will remain high and firm.
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