On August 15th, the international crude oil price significantly weakened overnight, with the WTI09 contract closing at $81.07 per barrel and settling at $80.99 per barrel; The Brent 10 contract closed at $85.04 per barrel and settled at $84.89 per barrel. Recently, the high prices of raw materials such as butadiene and styrene have continued to support the cost of SBR; Downstream inquiries for high priced goods are cautious, and merchants have a low willingness to offer at low prices, resulting in a slight deadlock in market negotiations. It is expected that China SBR market will experience a narrow consolidation on the 16th.

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