Recently (9.1-9.8), the market situation of styrene butadiene rubber has slightly improved. According to the Commodity Market Analysis System of SunSirs, as of September 8th, the price of SBR in the East China market was 12,491 RMB/ton, a decrease of 0.07% from 12,500 RMB/ton on September 1st. The price of raw material butadiene has risen slightly at a high level, while the price of styrene has slightly decreased, and the cost of SBR still has support. Downstream tire production has fluctuated slightly, providing support for the rigid demand of SBR; The production of SBR is basically stable, with little supply pressure. As of September 8th, the mainstream market price of 1502 SBR in Fushun, Jihua, Yangzi, and Qilu in East China is around 12,400-12,600 RMB/ton.

Recently (9.1-9.8), the price of raw material butadiene has slightly increased and the price of styrene has slightly decreased, and the cost support of SBR continues. According to the Commodity Market Analysis System of SunSirs, as of September 8th, the price of butadiene was 9,400 RMB/ton, an increase of 0.89% from 9,316 RMB/ton on September 1st; As of September 8th, the price of styrene was 7,486 RMB/ton, a decrease of 0.32% from 7,510 RMB/ton on September 1st.

Recently (9.1-9.8), the production of domestic SBR plants has remained stable at around 6.80%. The four production lines of Fushun Petrochemical's 200,000 tons/year SBR plant have been shut down for maintenance since August 15th.

Supply and demand side: Recently (9.1-9.8), downstream tire production has slightly improved, providing essential support for the SBR market. As of September 5th, the construction of semi steel tires by domestic tire companies has slightly increased to around 73%; The production of all steel tires by tire companies in Shandong Province has slightly decreased to around 64%.

From a fundamental perspective, analysts from SunSirs believe that the current cost of SBR still has support; The production of SBR is basically stable; The downstream tire industry provides strong support for SBR. The peak season is approaching, and overall, it is expected that the SBR market will fluctuate and rise in the later period.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.