The market of NBR rose slightly this week (12.30-1.6). According to the monitoring of SunSirs, as of January 6, the price of NBR was 15,450 RMB/ton, up 2.32% from 15,100 RMB/ton last Friday. Downstream inquiries increased, and merchants' offers were firm, but the market trading atmosphere was warmer, and merchants' offers were adjusted. At present, the mainstream report of Lanhua NBR 3305 market is 14,800-15,200 RMB/ton; Nandi NBR 1052 reported 17,300-17,600 RMB/ton.

The prices of raw materials butadiene and acrylonitrile rose last week (12.30-1.6), and the cost of NBR rose. According to the monitoring of SunSirs, as of January 6, the price of butadiene was 7,785 RMB/ton, up 7.51% from 7,241 RMB/ton last Friday. In the week, the external market of butadiene rose slightly, and the prices of domestic mainstream suppliers increased actively. At the same time, after the festival, some manufacturers in Shandong Province increased their prices significantly, boosting the market. According to the monitoring of SunSirs, as of January 6, the price of acrylonitrile was 9,737 RMB/ton, up 1.43% from 9,600 RMB/ton last Friday. On the one hand, the short stop of Lihuayi's acrylonitrile unit stimulates the market; on the other hand, the cost supports the price of acrylonitrile rising slightly.

Zhenjiang Nandi, Lanhua, Shunze and other NBR plants operate normally, and the supply of NBR is basically stable.

Recently, the downstream rubber hose, auto parts and other rubber products industries have increased their inquiries for NBR, the market trading atmosphere has warmed up, and the demand for NBR is slightly better than in the early stage.

NBR analysts from SunSirs believe that the supply of NBR is temporarily stable at present, downstream inquiries are increasing, and the raw material butadiene continues to rise. It is expected that China NBR market will continue to recover slightly in the short term.

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