According to the monitoring of SunSirs, as of November 18, the price of NBR was 15,100 RMB/ ton, down 0.98% from 15,250 RMB/ ton last Friday. The continuous downturn in demand dragged down NBR. Recently, the ex factory price of NBR of some domestic enterprises has been lowered, and as of November 18, the ex factory report of Lanhua NBR N41 was 13,400 RMB/ ton. The market offer was slightly adjusted. At present, the mainstream report of NBR 2665 in Russia is 13,200-13,400 RMB/ ton.
The price of raw butadiene increased, the price of acrylonitrile decreased slightly, and the cost line of butadiene acryloNBR fluctuated slightly. According to the monitoring of SunSirs, as of November 18, the price of butadiene was 6,837 RMB/ ton, up 3.55% from 6,603 RMB/ ton last Friday. The price of raw material acrylonitrile dropped from a high level. According to the monitoring of SunSirs, as of November 18, the price of acrylonitrile was 11,340 RMB/ ton, down 0.44% from 11,390 RMB/ ton last Friday.
Zhenjiang Nandi 50,000 t/a NBR packaging was restarted on November 11; The NBR plants such as Lanhua and Shunze are operating normally, and the pressure on the NBR supply surface continues.
Recently, the downstream rubber products industry continued to operate at a low level, the purchase of NBR was sluggish, the market turnover was light, and the demand for NBR was insufficient.
Future forecast: NBR analysts from SunSirs believe that the current pressure on the rubber supply side is still strong, coupled with weak demand, and it is expected that China NBR will be dominated by weak consolidation in the short term.
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