Recently (8.11-8.25), the butadiene rubber market has fluctuated and risen. According to the commodity market analysis system of SunSirs, as of August 25th, the butadiene rubber market price in East China was 12,020 RMB/ton, an increase of 1.01% from 11,900 RMB/ton on August 11th. The price of raw material butadiene has slightly increased, and the cost of butadiene rubber still has support; The expected start of production for BR has slightly decreased; Downstream tire production has slightly increased, providing support for the demand for butadiene rubber. As of August 25th, the mainstream prices for Qilu, Daqing, Sichuan, and Yangtze BR in East China were 11,900-12,200 RMB/ton.

Recently (8.11-8.25), the price of butadiene has fluctuated slightly higher, and the cost of butadiene rubber still has support. According to the Commodity Market Analysis System of SunSirs, as of August 25th, the price of butadiene was 9,333 RMB/ton, an increase of 2.75% from 9,083 RMB/ton on August 11th.

Recently (8.11-8.25), the domestic BR plant has started operating at around 6.90%, and there are maintenance plans for BR plants such as Haopu and Qilu Petrochemical in the later stage. It is expected that the supply pressure will not be high.

Demand side: Recently (8.11-8.25), downstream tire production has slightly increased, providing strong support for the demand in the butadiene rubber market. As of August 22, the construction of semi steel tires by domestic tire companies has slightly increased to around 74%; The construction of all steel tires by tire companies in Shandong Province has slightly increased to around 65%.

From a fundamental perspective, analysts from SunSirs believe that raw material prices will rise slightly, downstream tire production will increase slightly, and with the arrival of the peak season, it is expected that butadiene rubber will experience a volatile rise in the later period.

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