CIS polybutadiene rubber market rose in September. According to the monitoring of the business agency, the price of CIS polybutadiene rubber was 8230 yuan / ton at the beginning of September, and then rose to 8900 yuan / ton at the end of the month, with an overall increase of 8.14% compared with the beginning of the month. On September 30, CIS polybutadiene rubber commodity index was 26.74, down 73.89% from 102.40 (2011-09-25), and 18.69% higher than 22.53, the lowest point on June 4, 2020. (Note: period refers to 2011-09-01 to now)
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In September, the start-up of cis-1,4-polybutadiene rubber was stable as a whole, with little pressure on the supply side. In September, the overall operation of cis-1,4-polybutadiene rubber plant was relatively stable. Except for the shutdown and maintenance in taixiangyu in the middle of the month, the operation of other units was basically normal. According to the business agency, the 80000 T / a gaoshun butadiene rubber plant of Qilu Petrochemical Company is in normal operation with a daily output of about 220 tons; the first line of 50000 tons / year high Shun butadiene rubber plant of Shandong Wanda company is in operation, with a daily output of about 100 tons; there are three production lines in Sichuan Petrochemical’s 150000 T / a high Shun butadiene rubber unit: the unit is currently in normal operation, and the load is around 70%; generally speaking, cis-1-butadiene rubber plant is in normal operation The overall operating rate of rubber is around 65%. The supply side was basically stable and the cost side was promoted. In September, the price of cis-1,4-polybutadiene rubber of petrochemical manufacturers continued to rise. According to the monitoring of business agency, the ex factory price of Daqing cis-1,4-polybutadiene in Northeast China of PetroChina was 8800 yuan / ton, which was increased by 700 yuan / ton compared with the beginning of the month.
Downstream tire factories started to grow, and the demand for cis-1,4-polybutadiene rubber was supported. It is understood that as of the end of September, the operation rate of semi steel tire has risen to 70%, and that of all steel tire has risen to 75%. According to the business agency, in August 2020, the domestic rubber tire outer tire output was 77.104 million, with a month on month increase of 3.27%; from January to August, the cumulative output was 501.085 million, with a month on month increase of 18.07%.
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In September, the price of cis-1,4-polybutadiene raw materials rose, and the cost of cis-1,4-polybutadiene rubber formed a certain support. According to the monitoring of the business agency, the domestic butadiene price rose in September. At the beginning of the month, the domestic butadiene price was 5612 yuan / ton, which rose by 6288 yuan / ton at the end of the month. The overall end of the month was 12.05% higher than that at the beginning of the month.
Aftermarket forecast: business agency analysts believe that the current high price of raw materials, coupled with increased demand. Overall, the price of cis-1,4-polybutadiene rubber will remain high in the future.
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