Trade name: SBR 1502
Latest price (April 19): 14066 yuan / ton
Analysis points: according to the monitoring of business society, the domestic SBR price was 14066 yuan / ton on the 19th, down 1.00% from the previous day. Since April, styrene prices have rebounded slightly and butadiene prices have fallen sharply, and cost side has mainly affected the vacancy. According to the monitoring of business society, as of April 19, styrene price was 9283 yuan / ton, up 5.89% compared with the beginning of the month; butadiene price was 6696 yuan / T, down 9.69% from the beginning of the month. The increase of downstream stock is not obvious, inquiry is not positive, and the price of Tianjiao is lower, which leads to the decrease of the ex factory price and market price of SBR. According to the monitoring of the business agency, as of April 19, the factory price of Jihua butylene 1502, a Northeast Sales Company of CNPC, was reported at 14000 yuan / ton.
Post market forecast: at present, the cost and demand of SBR are weak, and the low level of Tianjiao, it is expected that the SBR will continue to decline slightly in the later period.
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