Recently (3.3-3.12), the butyl rubber market has declined weakly. According to the Business Society's commodity market analysis system, as of March 12, the market price of butyl rubber in East China was 13,830 RMB/ton, down 1.85% from 14,090 RMB/ton on the 3rd. The price of raw material butadiene continued to fall slightly, and the center of gravity of the cost of butadiene rubber fell slightly; the start of construction of butadiene rubber has maintained an increase, and the supply surface pressure has increased; the downstream construction has gradually increased, and the main support for the basic demand for butadiene rubber is. Recently, the supply prices of butyl rubber suppliers have gradually lowered, and merchants' quotations have weakened. As of March 12, the mainstream prices of Qilu, Daqing, Sichuan and Yangzi Shunding in East China were 13,800 to 14,050 RMB/ton.
Recently (3.3-3.12) butadiene prices have declined slightly, and the cost support of butadiene rubber has weakened. According to the Business Society's commodity market analysis system, as of March 12, the price of butadiene was 11,200 RMB/ton, down 2.29% from 11,462 RMB/ton on the 3rd.
Recently (3.3-3.12), the start of domestic butyl rubber equipment has increased slightly, and the overall start of construction is around 69%.
|
Butyl rubber enterprise |
Equipment production capacity (10,000 tons/year) |
start |
|
Yantai Haopu |
6 |
Operation normally |
|
Shandong Wit |
5 |
parking |
|
Qi Xiang Tengda |
9 |
Loss reduction operation |
|
Qilu Petrochemical |
7 |
Two-line operation |
|
Sichuan Petrochemical |
15 |
Operation normally |
|
Maoming Petrochemical |
10 |
Two-line operation |
|
Yanshan Petrochemical |
12+3 |
Operation normally |
|
Yangzi Petrochemical |
10 |
Operation normally |
|
Heze Xinke |
8 |
Operation normally |
|
Tai Oak Yu Department |
7.2 |
Operation normally |
|
Dushanzi Petrochemical |
3 |
Operation normally |
|
Xinjiang Lande |
5 |
Operation normally |
|
Daqing Petrochemical |
16 |
Operation normally |
|
Liaoning Shengyou |
3 |
parking |
|
Jinzhou Petrochemical |
3 |
Parking and maintenance |
|
Zhejiang Chuanhua |
15+12 |
Operation normally |
|
Zhenhua Petrochemical |
10 |
Restart from 4th |
|
Shandong Yihua |
10 |
Operation normally |
|
Zhejiang Petrochemical |
10 |
Operation normally |
|
Yulong Petrochemical |
15 |
Test run |
Demand: The downstream tire construction has slightly increased the support for the butad rubber market. As of March 7, the load of half-steel tires for domestic tire companies was around 820%; the load of all-steel tires for Shandong tire companies increased slightly to about 690%.
Future market forecast: From the fundamentals perspective, business analysts believe that the price of butadiene is weakly consolidated in the short term, and the cost support of butadiene continues to be weak; the downstream start of construction has certain support for butadiene rubber; the start of construction of butadiene rubber has slightly increased, and the impact on the butadiene rubber market is slightly short. Overall, it is expected that the market of butadiene rubber is weakly consolidated in the later stage.
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