On February 25th, CPC Northeast Sales Company raised the price of styrene butadiene rubber by 200 RMB/ton. Currently, Jihua 1502 is priced at 13,200 RMB/ton, and the Northeast warehouse has raised the price; Fushun 1502 reported a price of 13,200 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 13,200 RMB/ton for the Northeast warehouse. This indicates that market supply is tightening or demand is increasing, directly pushing up spot prices and benefiting the spot market. The price increase reflects the rise in raw material costs or strong demand from downstream industries, and it is expected that spot prices will maintain an upward trend in the short term. The significant but non extreme increase of 200 RMB/ton has a positive boosting effect on market confidence.

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