This week (4.12-4.16) the market of NBR was slightly weak. According to the monitoring of business community, as of April 16, the price of NBR was 22633 yuan / ton, slightly down 0.29% compared with the price of 22700 yuan / ton at the beginning of the week.
The ex factory price of NBR in China is mainly stable. According to the monitoring of the business agency, as of April 16, the ex factory price of NBR of Lanzhou Petrochemical Co., Ltd. was stable: at present, the price of n41e was 19600 yuan / ton; that of 3305e was 21200 yuan / ton; that of 3308e was 21600 yuan / ton. At present, the mainstream quotation of NBR n41e market is around 18800-19300 yuan / ton, and the quotation of South Korea lg6250 market is around 20500-21000 yuan / ton.
After the sharp drop in raw material prices, there was a slight rise this week, and the cost side may stop falling this week. According to the monitoring of the business association, as of April 16, the butadiene price was 6696 yuan / ton, up 2.90% from 6507 yuan / ton at the beginning of the week, and down 14.80% from March 31.
Future forecast: NBR analysts believe that since the end of March, raw material prices have rebounded sharply, downstream inquiries are light, and NBR offers may fall slightly in the short term.
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