The market of NBR rose slightly last week (12.16-12.23). According to the monitoring of SunSirs, as of December 23, the price of NBR was 15,025 RMB/ton, up 0.17% from 15,000 RMB/ton last Friday. Recently, the ex factory price of NBR of domestic enterprises has been stable. As of the 23rd, the ex factory report of Lanzhou NBR N41 was 13,400 RMB/ton. The number of downstream inquiries increased, and the market transaction was dominated by small orders, and the merchant's offer was adjusted. At present, the mainstream report of 2665 nitrile in Russia is 13,300-13,500 RMB/ton; Lanhua Nitrile 3305 mainstream reported 14,300-14,600 RMB/ton; Nandi Nitrile 1052 reported 17,100-17,400 RMB/ton.

Last week (12.16-12.23), the price of raw butadiene rose, while the price of acrylonitrile fell slightly, and the cost support of NBR was still weak. According to the monitoring of SunSirs, as of December 23, the price of butadiene was 6,985 RMB/ton, up 3.40% from 6,755 RMB/ton last Friday. The price of raw material acrylonitrile declined slightly. According to the monitoring of SunSirs, as of December 23, the price of acrylonitrile was 9640 RMB/ton, down 2.63% from 9,900 RMB/ton last Friday.

Recently, the downstream rubber hose, auto parts and other rubber products industry started to recover slightly. Enquiries for butadiene acryloNBR increased. The market turnover was dominated by small orders. The demand for butadiene acryloNBR was slightly better than in the early stage.

Future forecast: NBR analysts from SunSirs believe that the supply side pressure of NBR is still at present, but inquiries are increasing, and the raw material butadiene continues to rise. It is expected that the NBR market will rise slightly in the short term.

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