On July 20, nitrile rubber market was weak and fell

According to the monitoring of business news agency, the domestic nitrile rubber price was 17800 yuan / ton on the 20th, down 1.11% from the previous day. Domestic nitrile rubber started at a high load, and the supply side is relatively sufficient. The start-up of downstream insulation foaming, rubber hose and other industries was as low as 50-60%, the demand for nitrile rubber was weak, and the market transaction was light. Since July, the ex factory price of nitrile rubber enterprises has been significantly reduced, and the market quotation of nitrile rubber has gradually declined. As of July 20, the mainstream market quotation of Lanhua nitrile n41e was 16300-16900 yuan / ton; Shunze nitrile 3355 market mainstream reported 17000~17500 yuan / ton; Russian nitrile 2665 market mainstream reported 169~17500 yuan / ton, Nandi nitrile 1502 market mainstream reported 19000~20000.

 
Aftermarket forecast: the downstream start-up is low, coupled with loose supply, it is expected that the nitrile rubber market will continue to be weak in the short term.

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