NBR market declined in May

In May, the market of nitrile rubber declined in a weak way. According to the monitoring of the business community, the price of nitrile rubber at the beginning of the month was 24550 yuan / ton, and the price at the end of the month was 22750 yuan / ton, a decrease of 7.33% at the end of the month compared with the beginning of the month.

 

POLYVINYL ALCOHOL

In May, the domestic nitrile rubber operating rate was close to 80%, and the supply side was relatively sufficient; Downstream product enterprises started at a low level, and the demand side was slightly weak. The ex factory price of nitrile rubber enterprises was adjusted downward by 500~800 yuan / ton. As of May 31, the ex factory price of Lanhua nitrile n41e was 22500 yuan / ton; The ex factory price of 3305e is 22800 yuan / ton; The ex factory price of 3308e is 23800 yuan / ton; The ex factory price of Nandi nitrile 1052 is 23600 yuan / ton, and the ex factory price of 1051 is 24000 yuan / ton.

 

Ex factory price of domestic nitrile rubber as of May 31

 

Enterprise, Nitrile brand, Ex factory price

Lanzhou Petrochemical, N41., twenty-two thousand and five hundred

Lanzhou Petrochemical, 3305., twenty-two thousand and eight hundred

Lanzhou Petrochemical, 3308., twenty-three thousand and eight hundred

Zhenjiang Nandi, 1051., twenty-four thousand

Zhenjiang Nandi, 1052., twenty-three thousand and six hundred

Sipur, Russia two thousand six hundred and sixty-five twenty-two thousand

Sipur, Russia three thousand three hundred and sixty-five twenty-two thousand and four hundred

 

In May, the price of raw butadiene rose sharply, the price of acrylonitrile fluctuated slightly, and the cost side was supported. According to the monitoring of business agency, as of May 31, the price of butadiene was 11274 yuan / ton, up 14.86% from 9816 yuan / ton at the beginning of the month; As of May 31, the price of acrylonitrile was 11460 yuan / ton, down 0.87% from 11560 yuan / ton at the beginning of the month.

 

Future forecast: NBR analysts of business club believe that the supply and demand side is weak, but the cost side is supported. It is expected that the price of NBR will continue to fluctuate in the later period.

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