The cost is rising, but the supply pressure is still there, and the market of cis polybutadiene rubber is consolidating at the bottom

This week (12.30-1.6), the bottom of cis-1,4-polybutadiene rubber market was consolidated. According to the monitoring of the business community, as of January 6, the price of cis-1,4-polybutadiene rubber in China was 10560 yuan/ton, a slight drop of 0.19% compared with 10580 yuan/ton last Friday. On the one hand, the sharp rise in raw material prices has brought upward pressure on the cost of cis-1,4-polybutadiene rubber; on the other hand, the supply of cis-1,4-polybutadiene rubber continues to be loose. In addition, the downstream construction started to increase slightly at the end of December. Within the week, cis-1,4-polybutadiene rubber suppliers will first reduce the factory price of cis-1,4-polybutadiene rubber and then increase it. According to the monitoring of the business community, as of January 6, Sinopec North China Sales Company reported the ex factory price of butadiene rubber at 10100 yuan/ton. The market is cautious and optimistic about the future market, and the market trading price has hit the bottom in a short term. As of the 6th day, the mainstream market of butadiene rubber in Qilu, Yanshan, Yangzi, Dushanzi, Sichuan and other regions had reported 10300~10800 yuan/ton, and the mainstream market of private butadiene rubber had reported 10150~10250 yuan/ton.

 

The price of raw butadiene rose sharply this week (12.30-1.6), and the cost of cis polybutadiene rubber rose sharply. According to the monitoring of the business community, as of January 6, the price of butadiene was 7785 yuan/ton, up 7.51% from 7241 yuan/ton last Friday.

 

The natural rubber market rose slightly this week (12.30-1.6), supporting cis polybutadiene rubber. According to the monitoring of the business community, as of January 6, the price of natural rubber was 12410 yuan/ton, up 1.31% from 12250 yuan/ton last Friday.

 

Since the end of December, with the return of employees from all over the country to the downstream tire enterprises, the commencement of work has increased slightly, and the stock of cis-1,4-polybutadiene rubber has been supplemented slightly, and the market turnover has recovered slightly.

 

Future market forecast: according to the analysts of the business community, the supply pressure of cis-1,4-polybutadiene rubber is still present at present, but the downstream construction has increased slightly. In addition, the cost has risen significantly, and the price of cis-1,4-polybutadiene rubber is at the bottom. It is expected that the price of cis-1,4-polybutadiene rubber will rise slightly with the rising cost and demand growth in the later period.

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