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SunSirs: Rubber: Opinions on Acrylonitrile-Butadiene Rubber’s Trend

November 27 2019 08:49:28     SunSirs (Daisy)

Product Name: acrylonitrile-butadiene rubber

Latest price (November 26): 16,566 RMB/ton

Market Analysis: Today (November 26) domestic price of acrylonitrile-butadiene rubber rises slightly, with a range of 1.02%. According to the data from SunSirs, today (November 26) domestic ex-factory price of acrylonitrile-butadiene rubber is stable, and and the overall installation starts around 70%. On the other hand, the rising prices of Shanghai rubber and general-purpose synthetic rubber have formed a certain support for the price of acrylonitrile-butadiene rubber. Some traders try a tentative rise. However, the price of raw material butadiene is still low, which has formed a certain negative effect on the acrylonitrile-butadiene rubber market.

Market Forecasting: the acrylonitrile-butadiene rubber market may increase tentatively in the short term, but the persistence still depends on downstream demand.

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