In the first half of July, the market of NBR was consolidated in a narrow range. According to the commodity market analysis system of SunSirs, as of July 15, the price of NBR was 14,100 RMB/ton, up 0.53% from 14,025 RMB/ton at the beginning of the month, and down 0.88% from the peak of 14,225 RMB/ton in the cycle. The price of raw material butadiene and acrylonitrile is higher, and the cost of NBR is higher; Downstream demand continues to be weak, and market transactions remain relatively flat. This week, the factory prices of some NBR enterprises were temporarily stable. At present, the mainstream market of Lanhua nitrile 3305 in East China is 13,800-14,000 RMB/ton; The mainstream price of Nandi Nitrile 1052 is 15,300-15,500 RMB/ton; The mainstream of Sibur Nitrile 3365 reported 12,800-13,000 RMB/ton; Shunze nitrile 3355 mainstream reported at 13,700-13,800 RMB/ton.
In the first half of the month, the prices of raw materials butadiene and acrylonitrile rose, and the cost of NBR rose compared with the previous period. According to the Commodity Market Analysis System of SunSirs, as of July 15th, the price of butadiene was 6,781 RMB/ton, an increase of 13.53% from 5,973 RMB/ton at the beginning of the month; As of July 15th, the price of acrylonitrile has increased by 3.17% from 7,887 RMB/ton at the beginning of the month to 8,137 RMB/ton.
Downstream rubber hose, automotive parts and other rubber product industries mainly have small inquiries and small transactions in the market.
NBR analysts from SunSirs believe that the supply side of NBR has decreased slightly at present, but with ordinary downstream inquiries, the market of NBR is expected to continue to consolidate in a narrow range in the short term; In the later period, although Jinpu device will be shut down for maintenance, Lanhua nitrile device is planned to restart, and the overall supply will increase slightly. If there is no significant increase in downstream demand, NBR will still be subject to shock consolidation.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.