On October 10th, the market for butadiene rubber in the southwest region was weak and declined. The futures price of Shunding rubber is weak and volatile, with flat market transactions. Some varieties have slightly lowered their offers by around 50-100 RMB/ton. At present, mainstream prices for butadiene rubber in Sichuan, Dushanzi, and other regions range from 11,500 to 11,800 RMB/ton.
Information shows that the market for Shunding rubber in the southwest region is weak and declining, with futures prices fluctuating weakly and market transactions flat. Some varieties have seen a slight decrease in prices by 50-100 RMB/ton, while the mainstream spot price is reported at 11,500-11,800 RMB/ton. This reflects the weak demand and downward pressure on prices, which has a negative impact on spot prices (a decline of about 0.4% to 0.8%, indicating a general decline), while the volatility of futures prices has also exacerbated market uncertainty, resulting in a general negative impact.
On October 10th, the market situation of butadiene rubber in the northwest region was weakly consolidated. The futures price of Shunding rubber fluctuated weakly, and downstream inquiries were light. Some merchants slightly lowered their offers by around 50 RMB/ton. At present, the mainstream price for butadiene rubber in Sichuan, Dushanzi, and Lande is 11,400-11,500 RMB/ton.
Information shows that the Shunding rubber market is consolidating weakly, with weak downstream inquiries indicating weak demand. Some merchants have slightly lowered their offers by 50 RMB/ton (from the mainstream price range of 11,400-11,500 RMB/ton), reflecting sufficient supply or excess pressure; Meanwhile, the weak volatility of futures prices exacerbates the risk of price decline. The overall data indicates that insufficient demand dominates market sentiment and belongs to the general negative impact.
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