On March 4th, Sinopec Sales Company raised the ex factory price of BR by 100 RMB/ton, while Qilu BR reported 13,300 RMB/ton.

Sinopec, as a major supplier, has raised the ex factory price of butadiene rubber from 100 RMB/ton to 13,300 RMB/ton, directly reflecting rising costs or increased demand, which is favorable for spot prices. The futures data of BR (the main raw material of butadiene rubber) shows that the prices of key contracts such as 2604 and 2605 have risen by 135 RMB/ton respectively, with significant trading volume and increased holdings (such as the change in holdings of 2605 contract+5112), indicating strong bullish sentiment in the market and supporting the upward trend of futures prices. Based on comprehensive evaluation, this price adjustment has a strong positive impact on both spot and futures, but the magnitude has not reached a significant level.

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