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SunSirs: On July 20, the Acrylonitrile-butadiene Rubber Market Fell Weakly

July 21 2022 15:56:36     SunSirs (John)

Price trend

According to the monitoring of SunSirs, the domestic price of acrylonitrile-butadiene rubber was 17,800 RMB/ton on the 20th, down 1.11% from the previous day.

Analysis review

Domestic acrylonitrile-butadiene rubber started with high load, and the supply side was relatively sufficient. The downstream thermal insulation foam, rubber hose and other industries started as low as 50-60%, and the demand support for acrylonitrile-butadiene rubber was weak, and the market transaction was light.

Since July, the factory of acrylonitrile-butadiene rubber enterprises has been greatly reduced, and the market price of acrylonitrile-butadiene rubber has gradually decreased. As of July 20, the mainstream price of Lanhua acrylonitrile-butadiene rubber N41E market was 16,300~16,900 RMB/ton; the mainstream price of Shunze acrylonitrile-butadiene rubber 3355 market was 17,000~17,500 RMB/ton; the mainstream price of Russian acrylonitrile-butadiene rubber 2665 market was 16,900~17,500 RMB/ton; and the mainstream market quotation of Nandi acrylonitrile-butadiene rubber 1502 was 19,000~20,000 RMB/ton.

Market outlook

The downstream start-up is at a low level, coupled with loose supply, it is expected that the acrylonitrile-butadiene rubber market will remain weak in the short term.

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