On March 31st, CPC Northeast Sales Company raised the price of styrene butadiene rubber by 300 RMB/ton: currently, Jihua 1502 is quoted at 19,000 RMB/ton, and the Northeast warehouse has raised the price; Fushun 1502 reported a price of 19,000 RMB/ton, and the Northeast warehouse raised the price.

The article reports that CPC Northeast Sales Company has raised the spot price of SBR by 300 RMB/ton, while Jihua 1502 and Fushun 1502 have both reported a price increase of 19,000 RMB/ton for the Northeast warehouse. The price adjustment this time is about 1.6%, indicating a tight supply or increased demand in the market, which has a significant positive impact on spot prices. Based on the current supply and demand pattern in the rubber market, it is expected that short-term spot prices will maintain an upward trend.

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