On January 6th, CPC South China Sales Company raised the price of styrene butadiene rubber by 200 RMB/ton: currently, Fushun 1502 is priced at 11,800 RMB/ton, and Lanhua 1502E is priced at 11,800 RMB/ton.

The spot price of SBR has increased by 200 RMB/ton, indicating a tightening of market supply and demand, strong demand or reduced supply, which supports the spot price and is favorable for bulls. This price adjustment is carried out by CPC South China Sales Company. Fushun 1502 and Lanhua 1502E both reported 11,800 RMB/ton, reflecting the improvement of industry fundamentals. It may be affected by rising costs or downstream demand, and it is expected that spot prices will maintain an upward trend in the short term.

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