On November 11, the market price of nitrile rubber increased slightly

Trade name: nitrile rubber

 

EDTA

Latest price (November 11): 19233.33 yuan / ton

 

Key points of analysis: according to the monitoring of the business agency, the price of NBR in China on the 11th was 19233.33 yuan / ton, up 0.70% compared with the previous day. On the one hand, the prices of butadiene and acrylonitrile continued to remain high, with strong support from the cost side. According to the business community, as of November 11, the price of butadiene was 9528 yuan / ton. The ex factory price of acrylonitrile and Secco in Shanghai was 9500 yuan / ton; on the other hand, the supply of nitrile rubber was relatively tight, and the ex factory price of manufacturers went up. On November 11, the ex factory prices of acrylonitrile rubber in Lanhua, Ningbo shunze and Sinopec Xibu were increased by 100-300 yuan / T, and the market was on the rise as a whole. According to the business agency, Zhenjiang Nandi nitrile rubber package was put in maintenance for about 15 days on October 25. Overall, the cost side and supply side of NBR form a strong support.

 

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.

EDTA 2Na