According to the commodity market analysis system of SunSirs, as of May 29, the price of styrene-butadiene rubber in the East China market was 11,966 RMB/ton, down 1.31% from 12,125 RMB/ton at the beginning of the month, and down 6.99% from the high point of 12,866 RMB/ton in the cycle.

The prices of raw materials butadiene and styrene rose first and then fell, and the cost support of styrene-butadiene rubber turned from strong to weak. The downstream tire operation increased significantly at the beginning of the month and then stabilized overall, supporting the rigid demand for styrene-butadiene rubber; the operation of styrene-butadiene rubber was low at first and high later, and the supply pressure increased slightly in the second half of the month. As of the 29th, the mainstream market of styrene-butadiene rubber 1502 in Fushun, Jilin Chemical, Yangzi, and Qilu in East China was around 11,900-12,200 RMB/ton.

In May, the prices of raw materials butadiene and styrene rose first and then fell, and the cost support of styrene-butadiene rubber turned from strong to weak. According to the commodity market analysis system of SunSirs , as of May 29, the price of butadiene was 9,800 RMB/ton, up 8.09% from 9,066 RMB/ton at the beginning of the month, and down 14.29% from the highest point of 11,433 RMB/ton during the period; as of May 29, the price of styrene was 8,110 RMB/ton, up 5.60% from 7,680 RMB/ton at the beginning of the month, and down 1.93% from the highest point of 8,270 RMB/ton during the period.

In May, the domestic styrene butadiene rubber plant operation dropped to around 60% in the first half of the month, and then rebounded in the later period, with the operation at the end of the month being around 70%.

Supply and demand: After Labor Day at the beginning of the month, the downstream tire operation increased significantly, and basically maintained a small fluctuation trend in the later period, mainly supporting the rigid demand for rubber. As of May 23, the operating load of semi-steel tires of domestic tire companies was around 78%; the operating load of full-steel tires of tire companies in Shandong region was about 65%. ; As of the week of May 23, the inventory of finished full-steel tires of domestic tire companies was 43 days, which was flat week-on-week; the inventory of finished semi-steel tires was 47 days, which increased by 1 day week-on-week.

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