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SunSirs: Acrylonitrile-butadiene Rubber Market Fell Slightly (June 6-10)

June 14 2022 10:06:57     SunSirs (John)

Price trend

In the first half of June, the acrylonitrile-butadiene rubber market fell slightly. According to the monitoring of SunSirs, as of June 10, the price of acrylonitrile-butadiene rubber was 21,700 RMB/ton, down 4.62% from the price of 22,750 RMB/ton at the beginning of the month..

Analysis review

The operating rate of domestic acrylonitrile-butadiene rubber was close to 80%, and the supply side was relatively sufficient. Since June, the ex-factory price of acrylonitrile-butadiene rubber enterprises has been greatly adjusted downward. According to the monitoring of SunSirs, as of June 10, the factory price of Lanhua acrylonitrile-butadiene rubber N41E was 20,700 RMB/ton; 3305E was 21,000 RMB/ton; 3308E was 22,400 RMB/ton; the price of Nandi acrylonitrile-butadiene rubber 1052 was 23,400 RMB/ton, and the price of 1051 was 23,800 RMB/ton.

In June, the price of butadiene rose sharply, and the price of acrylonitrile fell slightly, and the cost side still had support. According to the monitoring of SunSirs, as of June 10, the price of butadiene was 12,096 RMB/ton, an increase of 6.66% from the price of 11,341 RMB/ton at the beginning of the month; as of June 10, the price of acrylonitrile was 11,240 RMB/ton, down 1.92% compared with the price of 11,460 yuan at the beginning of the month.

The downstream operation of acrylonitrile-butadiene rubber was low, and the demand side was weak. According to the understanding of SunSirs, the downstream thermal insulation foam, rubber hose and other industries started around 50% to 60%, and more purchases were made on demand, and the acrylonitrile-butadiene rubber market fell slightly.

Market outlook

Nitrile analysts of SunSirs believe that the supply and demand of acrylonitrile-butadiene rubber is slightly stalemate, and the acrylonitrile-butadiene rubber market is expected to fluctuate weakly.

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