On January 28th, the BR market in East China saw a slight upward trend. The futures market continues to rise, with merchants raising their offers by 100-200 RMB/ton. At present, the mainstream prices in Daqing, Yangtze, and Qilu BR are 13,050-13,200 RMB/ton; Some private brands are priced around 12,900-13,050 RMB/ton.
On January 28th, the spot market for BR in East China saw a slight increase, with merchants raising their offers by 100-200 RMB/ton. The mainstream price range was 13,050-13,200 RMB/ton, and some private brands offered 12,900-13,050 RMB/ton. This indicates tight spot supply or increased demand, which is favorable for spot prices. At the same time, the text mentions that the futures market continues to rise. Combined with the futures data of butadiene rubber (the main raw material of butadiene rubber), the main contract 2605 closed at 13,245 RMB/ton, up 35 RMB from the previous day, with a trading volume of 68,171 lots and an increase in holdings, indicating that the futures market supports the upward trend of prices. Overall, both spot and futures are showing an upward trend, but the upward adjustment is relatively small.
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