SunSirs: Acrylonitrile-Butadiene Rubber Market Fluctuated Slightly (April 15-22)
April 24 2022 09:44:13 SunSirs (John)
Price trend
This week (4.15-4.22) the acrylonitrile-butadiene rubber market fell slightly. According to the monitoring of SunSirs, the price of acrylonitrile-butadiene rubber was 24,300 RMB/ton as of April 22, down 0.10% from last Friday's 24,325 RMB/ton. Acrylonitrile-butadiene rubber has recently fluctuated slightly mainly.
Analysis review
The domestic acrylonitrile-butadiene rubber market quotation was stable with a slight adjustment. According to the monitoring of SunSirs, as of April 22, the mainstream market price of Lanhua N41E was 24,500 RMB/ton; the mainstream market price of 3305E was 24,800 RMB/ton; the mainstream market price of 3308E was 25,000 RMB/ton; the mainstream market price of Shunze acrylonitrile-butadiene rubber 3355 was 23,300 RMB/ton; the mainstream price of Nandi acrylonitrile-butadiene rubber 1052 was 25,000 RMB/ton. On the one hand, raw material prices fell and costs weakened. On the other hand, in the game of supply and demand, the upstream and downstream were slightly deadlocked.
In April, the high price of butadiene dropped sharply, the price of vinyl cyanide fell weakly, and the cost support was weak. According to the monitoring of SunSirs, as of April 22, the price of butadiene was 9,866 RMB/ton, down 7.99% from the price of 10,722 RMB/ton at the beginning of the month; as of April 22, the price of vinyl cyanide was 11,560 RMB/ton, compared with the price of 11,800 yuan at the beginning of the month, fell 2.03%.
Market outlook
Nitrile analysts of SunSirs believe that the supply and demand of acrylonitrile-butadiene rubber is slightly stalemate, and the cost support is weakened. It is expected that the acrylonitrile-butadiene rubber market will continue to fluctuate within a narrow range.
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