During morning trading on July 31, the polybutadiene rubber market in Shandong faced downward pressure. Crude oil prices retreated slightly, BR futures trended lower, and spot market quotes saw slight reductions. Currently, mainstream quotes for Daqing and Dushanzi BR range from 13,000 to 13,200 RMB/tonne.

Weighed down by the slight decline in crude oil prices, the Shandong BR market faced pressure during the morning session on July 31. Futures trended weakly, and spot market quotes were lowered slightly. Mainstream quotes for Daqing and Dushanzi supplies currently stand at 13,000–13,200 RMB/tonne, while the near-month futures contract closed at 12,820 RMB/tonne on July 30; short-term price trends appear bearish.

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