Last week (9.2-9.10), the market of SBR weakened slightly. According to the monitoring of SunSirs, as of September 10, the price of domestic styrene butadiene rubber was 11,741 RMB/ ton, down 0.42% from 11,791 RMB/ ton on Friday the previous week.

Last week, the price of raw materials butadiene and styrene was still rising, and the cost side continued to support; On the other hand, the support of the low demand side of downstream construction is weak, and the downstream is mostly purchasing on demand.

Last week, butadiene first rose and then fell. The overall upward trend, styrene market rose, and the cost of styrene butadiene rubber still supported. According to the monitoring of SunSirs, as of September 10, the price of butadiene was 9,156 RMB/ ton, up 3.92% from 8,811 RMB/ ton on Friday the previous week, and the highest point in the week was 9,277 RMB/ ton; As of September 10, the price of styrene was 9,510 RMB/ ton, up 5.86% from 8,983 RMB/ ton last Friday.

Last week, the natural rubber market was weak, and the support for SBR was not strong. According to the monitoring of the business association, as of September 10, the price of natural rubber was 11,706 RMB/ ton, down 0.37% from 11,750 RMB/ ton on Friday the previous week.

SunSirs analysts believe that the rising price of raw materials and the rising cost of SBR have formed a certain support for SBR; However, the low demand side support of downstream operation is weak, and it is expected that SBR in China will continue to consolidate in a weak way in the short term.

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