Recently (3.3-3.12) the market for styrene butadiene rubber has declined slightly. According to SunSirs commodity market analysis system, as of March 12, the price of styrene butadiene rubber in the East China market was 14,108 RMB/ton, down 3.04% from 14,550 RMB/ton on the 3rd. The prices of raw materials butadiene and styrene fell slightly, while the cost support of styrene rubber weakened. The downstream tire starts slightly increased; the styrene butadiene rubber starts slightly lower, and the supply pressure is slightly relieved. Recently, the supply price of styrene butadiene rubber has been gradually lowered. As of March 12, the mainstream market of Fushun, Jihua, Yangzi, Qilu, Weitai and Yibang styrene butadiene rubber 1502 in East China was around 14,000 to 14,250 RMB/ton.
Recently (3.3-3.12), the prices of raw materials butadiene and styrene have fallen slightly, and the cost support of styrene 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; as of March 12, the price of styrene was 8,450 RMB/ton, down 2.09% from 8,630 RMB/ton on the 3rd.
Recently (3.3-3.12), the start of domestic styrene butadiene rubber equipment has slightly dropped to around 7.4%.
|
Enterprise |
The equipment production capacity is 10,000 tons/year |
Starting situation |
|
Qilu Petrochemical |
twenty three |
Operation normally |
|
Jilin Petrochemical |
14 |
Three-line operation |
|
Yangzi Petrochemical |
10 |
Operation normally |
|
Shenhua Chemistry |
18 |
Three-line operation |
|
Lanzhou Petrochemical |
15 |
Three-line operation |
|
Fushun Petrochemical |
20 |
Three-line operation |
|
Li Changrong (Huizhou) |
5 |
Operation normally |
|
Zhejiang Weitai |
10 |
70% load operation |
|
Hangzhou Yibang |
10 |
Operation normally |
Supply and demand side: The downstream tire construction has slightly increased the demand for the styrene-butadiene 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 current cost support for styrene butadiene rubber is weak; the start of styrene butadiene rubber has slightly lowered; the start of downstream tires has increased, and the support for styrene butadiene rubber is firmly supported. Overall, due to the impact of cost and supply and demand, it is expected that the market for styrene butadiene rubber is mainly consolidated in the short term.
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