On March 23rd, the market for butadiene rubber in East China saw a significant increase. The futures market of BR hit the daily limit up, and the spot offers of BR were uneven. Some merchants raised their offers significantly, while others closed their positions. At present, Daqing, Yangtze, and Qilu Shunding are priced at 16,600-17,000 RMB/ton; Some private brands are priced around 16,400 to 16,700 RMB/ton.

The article shows that the market price of butadiene rubber has risen significantly, with uneven spot offers. Some merchants have raised their prices significantly to 16,400-17,000 RMB/ton, while others have closed down, indicating tight supply and strong demand, which is a significant positive for spot prices. At the same time, the BR futures market hit the limit up, combined with relevant data (such as the closing price of butadiene rubber futures 2701 contract at 15,255 RMB/ton, up 600 RMB, and increased trading volume), reflecting a strong bullish trend and optimistic market sentiment, which has a significant positive impact on futures prices. The rating is 2 points, as both spot and futures have shown significant upward signals, indicating clear and strong positive factors.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.