On January 28th, CPC Northeast Sales Company raised the price of SBR by 200 RMB/ton: currently, Jihua 1502 is quoted at 13,000 RMB/ton, and the Northeast warehouse has raised the price; Fushun 1502 reported a price of 13,000 RMB/ton, and the Northeast warehouse raised the price.

The article reports that CPC Northeast Sales Company has raised the price of SBR by 200 RMB/ton, while Jihua 1502 and Fushun 1502 have both reported a price increase of 13,000 RMB/ton for the Northeast warehouse. This indicates that the supply and demand in the spot market of SBR are tightening, and upstream raw material costs may increase or downstream demand may rebound, supporting the short-term rise in spot prices. As a leading enterprise's price adjustment measure, it is expected to drive market bullish sentiment and have a positive impact on spot prices. The significant increase this time (about 1.5%) belongs to the general positive level.

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