On October 10, the market price of nitrile rubber rose sharply

Trade name: nitrile rubber

 

The latest price is 15766 yuan / month

 

Benzalkonium chloride

Analysis points: the domestic NBR market rose sharply, with the mainstream average price at 15766.67/t, up 4.42% compared with the previous day. On the one hand, crude oil prices rebounded during the festival, the price of raw material butadiene rose slightly, and the atmosphere of cost was more favorable; on the other hand, with the operating rate of downstream rubber products increased after the festival, the inquiry for NBR increased, and the demand side supported the high price of NBR; finally, the ex factory price of NBR remained high, and traders’ offers continued to rise. To sum up, the price of nitrile rubber continued to rise after the festival. According to the monitoring of the business agency, the domestic NBR market offer was higher, Lanhua NBR 3308 mainstream reported 15100-15500 yuan / ton, Nandi 1052 mainstream reported 16800-17500 yuan / ton.

 

Aftermarket forecast: the cost side is high, the demand side is stable, and the market price of nitrile rubber is expected to remain high in the short term.

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