On December 4th, the market situation of SBR in East China was weakly consolidated. Downstream inquiries are mainly for urgent needs, and the supply price of styrene butadiene is temporarily stable. Some merchants have lowered their market offers by around 50-100 RMB/ton. At present, the mainstream price of styrene butadiene 1502 in Fushun, Jihua, Qilu, Weitai, Yibang, and Lanhua is 11,000-11,300 RMB/ton.

The market situation is weak and consolidating, with downstream demand only maintaining basic needs. This indicates that there is an oversupply or weak demand in the spot market, leading to downward pressure on prices and short-term bearish factors dominating.

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