On November 5th, PetroChina South China Sales Company lowered the price of emulsion styrene butadiene rubber by 300 RMB/ton: Fushun 1502 is currently priced at 10,500 RMB/ton, and Lanzhou Petrochemical 1502E is also priced at 10,500 RMB/ton.

PetroChina South China Sales Company lowered the price of emulsion SBR by 300 RMB/ton on November 5th (both Fushun 1502 and Lanzhou Petrochemical 1502E are priced at 10,500 RMB/ton). This significant price reduction (approximately 2.86%) reflects weak demand, oversupply, or intensified market competition, posing a major negative impact on spot prices. It is expected that spot market prices will remain under downward pressure in the short term, with downstream buyers likely to adopt a wait-and-see approach, further suppressing any price rebound.

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