The butadiene rubber market rose slightly this week (12.9-12.16). According to the monitoring of the business community, as of December 16, the price of cis-1,4-polybutadiene rubber in China was 10,610 yuan/ton, up 0.76% from 10,530 yuan/ton last Friday. At the beginning of this month, after the factory price of cis polybutadiene rubber dropped significantly, it has remained stable in the near future. According to the monitoring of the business community, as of December 16, the ex factory price of butadiene rubber of Sinopec North China Sales Company had reported 10,100 yuan/ton, and the offer of merchants had rebounded slightly after a sharp fall. As of December 16, the mainstream market of butadiene rubber in Qilu, Yanshan, Yangzi, Dushanzi, Sichuan and other regions had reported 10,400~11,100 yuan/ton, and the mainstream market of private butadiene rubber had reported 10,100~10,300 yuan/ton.
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Daqing, Sichuan, Maoming, Qixiang and other Shunting Butadiene plants have high load or full load production, and Haopu and other early maintenance devices have been restarted. In general, the pressure on the supply side of Shunting Butadiene Rubber is still there.
The price of raw butadiene rose this week (12.9-12.16), while the cost of cis polybutadiene rubber rose slightly. According to the monitoring of the business community, as of December 16, the price of butadiene was 6755 yuan/ton, up 2.87% from 6566 yuan/ton last Friday.
The natural rubber market rose slightly this week (12.9-12.16), supporting cis polybutadiene rubber. According to the monitoring of the business community, as of December 16, the price of natural rubber was 12470 yuan/ton, up 0.40% from 12420 yuan/ton last Friday.
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The demand side increased slightly, and the downstream tire enterprises continued to increase this week. According to the business agency, the construction of semi steel tires in Shandong is around 6.60%, and that of full steel tires is around 0.60%.
Future market forecast: according to the analysts of the business association, the supply pressure of cis-1,4-polybutadiene rubber is still present, the demand has improved, and the cost has risen slightly. It is expected that the market of cis-1,4-polybutadiene rubber will rise slightly in the short term.
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