According to the monitoring of SunSirs, the domestic price of NBR was 15,850 RMB/ ton on October 26, down 0.47% from the previous day. Domestic NBR started at a high load, with relatively sufficient supply. Downstream insulation foam, rubber hose and other industries started at a low level, purchasing was not active, market transactions were light, and some NBR merchants' offers were adjusted downward by 200-300 RMB/ ton. Since October, the price of butadiene as raw material has declined in a weak way. Although the price of acrylonitrile has risen significantly, it is still at a low level within two years, and the support for the cost of NBR is not obvious.

Due to weak downstream demand and loose supply, China NBR market is expected to continue to be weak in the short term.

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