Recently (8.25-9.1), the butadiene rubber market has fluctuated and risen. According to the commodity market analysis system of SunSirs, as of September 1st, the BR market price in East China was 12,200 RMB/ton, an increase of 1.50% from 12,020 RMB/ton on August 25th. The price of raw material butadiene has stabilized at a high level, and the cost of BR still has support; The expected start of production for BR has slightly decreased; Downstream tire production is slightly reasonable, providing strong support for the demand for BR. As of September 1st, the mainstream prices for Qilu, Daqing, Sichuan, and Yangtze BR in East China are 12,100-12,300 RMB/ton.

Recently (8.25-9.1), the price of butadiene has fluctuated and stabilized, and the cost of BR still remains supported. According to the Commodity Market Analysis System of SunSirs, as of September 1st, the price of butadiene was 9,350 RMB/ton, an increase of 0.18% from 9,333 RMB/ton on August 25th.

Demand side: Recently (8.25-9.1), there has been a slight consolidation in downstream tire production, providing strong support for the demand in the BR market. As of August 29th, the construction of semi steel tires by domestic tire companies has slightly increased to around 75%; The production of all steel tires by tire companies in Shandong Province has slightly decreased to around 63%.

From a fundamental perspective, analysts from SunSirs believe that raw material prices have slightly increased, supported by downstream tire demand. In addition, with the arrival of the peak season, it is expected that BR may fluctuate and rise in the later period.

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