SunSirs: Business agency: the market of styrene butadiene rubber rose slightly
May 06 2022 14:28:20Trade name: styrene butadiene rubber 1502
Latest price (May 5): 11908 RMB/ton
Key points of analysis: according to the monitoring of SunSirs, the price of domestic styrene butadiene rubber was 11908 RMB/ton on Thursday, a slight increase of 0.14% compared with the previous day. On the 5th, the ex factory price of styrene butadiene rubber manufacturers was stable, but the international crude oil price rose sharply during the festival, driving the bullish atmosphere of domestic merchants, and the market offer increased slightly; However, the promotion of downstream construction is insufficient and the support is weak.
Future forecast: the supply side is loose and the downstream start-up demand is limited, but the rising international crude oil price has the risk of rising costs. It is expected that the price of styrene butadiene rubber will fluctuate in the later stage.
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