Commodity name: SBR1502

Latest price (May 19): 13,150 RMB/ ton

According to the monitoring of SunSirs, the domestic price of SBR was 13,150 RMB/ ton on the 19th, down 1.07% compared with the previous day. Since last week, the price of natural rubber has fallen sharply again, which is bad for the whole rubber market. According to SunSirs, as of May 19, the price of natural rubber was 12,802 RMB/ ton, down 8.82% from the price on May 10. On May 19, the ex-factory price of PetroChina's butylbenzene reduced 300-500 RMB/ ton, and the business offer declined accordingly. As of May 19, the price of butylbenzene in Jilin Petrochemical Co., Ltd. of PetroChina's Northeast was 13,000 RMB/ ton, and the Northeast warehouse raised the price.

Future forecast: Although the price of styrene is strong and the cost side has some support, the bad effect of natural rubber is strong; In addition, Yangzi, Fushun and other SBR plants plan to restart, the pressure on the supply side increases, and it is expected that China SBR will continue to be weak in the later period.

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