SunSirs--China Commodity Data Group

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SunSirs: China BR Continued to be Weak on April 20

April 21 2021 10:20:29     SunSirs (Selena)

Commodity name: BR 9000

Latest price (April 20): 12,440 RMB/ ton

According to the monitoring of SunSirs, the domestic price of BR was 12,440 RMB/ ton on the April 20, down 1.74% compared with the previous day. On one hand, the price of butadiene is at a low level, and the cost is short. According to the monitoring of SunSirs, as of April 20, the butadiene price was 6,696 RMB/ ton, down 9.69% compared with the beginning of the month. On the other hand, the enthusiasm of downstream purchasing is not high recently, and some businesses ship at low prices. According to SunSirs, as of April 20, the market offer of BR declined slightly. The mainstream offer of BR in Qixiang was 12,100-12,200 RMB/ ton, that of in Qilu was 12,400-12,600 RMB/ ton, and that of in Daqing was 12,200-12,500 RMB/ ton.

Future forecast: low price of raw materials, the demand is weak. It is expected that the price of BR will continue to be weak in the future in China.

 

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