Price trend

This week (2.25-3.4) the acrylonitrile-butadiene rubber market was stable. According to the monitoring of SunSirs, the price of acrylonitrile-butadiene rubber was 23,750 RMB/ton as of March 4.

Analysis review

The domestic acrylonitrile-butadiene rubber market quotations were stable with slightly adjusted. According to the monitoring of SunSirs, as of March 4, the mainstream market price of Lanzhou Petrochemical Company’s acrylonitrile-butadiene rubber N41E was 22,800 RMB/ton; the mainstream price of acrylonitrile-butadiene rubber 3305E was 23,000 RMB/ton; the mainstream price of acrylonitrile-butadiene rubber 3308E was 23,300 RMB/ton; the mainstream market price of Ningbo shunze Rubber Co., Ltd’s acrylonitrile-butadiene rubber 3355 was 22,800 RMB/ton. The downstream rubber products industry continued to maintain a low level of construction, and the support for acrylonitrile-butadiene rubber was weak.

The price of butadiene continued to rise this week, the price of acrylonitrile rebounded sharply, and the cost had support for acrylonitrile-butadiene rubber. According to the monitoring of SunSirs, as of March 4, the price of butadiene was 8,511 RMB/ton, up 1.65% from the price of 8,372 RMB/ton on Friday; as of March 4, the price of acrylonitrile was 11,900 RMB/ton, up 4.57% from the previous Friday's 11,380 RMB/ton.

Market outlook

Nitrile analysts of SunSirs believe that the increase in demand for acrylonitrile-butadiene rubber this week is not obvious, but the pressure on the supply side is not large. It is expected that acrylonitrile-butadiene rubber will fluctuate slightly in the short term, and there may be opportunities to explore prices later as demand recovers.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.