Nitrile rubber market was weak and fell (7.29-8.5)

This week (7.29-8.5), the nitrile rubber market was weak and fell. According to the monitoring of the business community, as of August 5, the nitrile rubber price was 15975 yuan / ton, down 4.91% from 16800 yuan / ton last Friday. During the week, the ex factory price of nitrile rubber of Lanzhou Petrochemical was lowered, and the ex factory price of n41 was 16000 yuan / ton. The price of raw materials fell, the cost dragged, and the market transaction was light, so the offer of merchants fell. As of May 5, the mainstream offers of Russian nitrile 3365, shunze nitrile 3355 and Lanhua nitrile 3305 in East China were around 14600-15200 yuan / ton, and the mainstream offers of Nandi nitrile 1052 were around 18500-19000 yuan / ton.

The domestic nitrile rubber plant basically operates normally, and the supply of nitrile rubber in the market is loose. According to the business news agency, the 100000 t / a nitrile rubber unit of Lanzhou Petrochemical Company operates normally; The 30000 T / a nitrile rubber unit of Nanjing Jinpu YINGSA Synthetic Rubber Co., Ltd. is in normal production; At present, the 30000 T / a nitrile rubber unit of alantai rubber has been restarted to normal operation; Normal production of Zhenjiang Nandi 50000 T / a nitrile rubber plant; Ningbo shunze 65000 T / a unit operates under low load.

This week (6.17-6.24), the prices of butadiene and acrylonitrile dropped sharply, and the cost of nitrile rubber weakened. According to the monitoring of business agency, as of August 5, the price of butadiene was 8668 yuan / ton, down 9.88% from 9618 yuan / ton last Friday; As of August 5, the price of acrylonitrile was 9060 yuan / ton, down 6.60% from 9700 yuan last Friday.

At present, the downstream operation of nitrile rubber continues to be low, and the demand side is weak. According to the business agency, the downstream thermal insulation foam, rubber pipe and other industries started around 50-60%, the demand side support was weak, and the nitrile rubber market fell.

Future forecast: NBR analysts of business society believe that the supply of NBR exceeds the demand and the cost is low. It is expected that the NBR market will continue to be weak in the short term.