Recently (10.14-10.22), the nitrile rubber market has been consolidating weakly. According to the Commodity Market Analysis System of Shengyi Society, as of October 22, the price of nitrile rubber was 16550 yuan/ton, which was the same as the price on October 14. On the one hand, the cost center of nitrile rubber has shifted downwards, and on the other hand, downstream demand has provided support, resulting in a weak consolidation of the nitrile rubber market. As of October 22, the mainstream market price for Lanhua 3305 in East China is around 16200-16200 yuan/ton; The mainstream market price for nitrile 3665 in Russia is around 15800-16000 yuan/ton; The mainstream market price for Nandi Nitrile 1052 is around 17300 to 17400 yuan/ton.
Recently (October 14-1022), the prices of raw materials such as butadiene and acrylonitrile have weakened, and the cost support for nitrile rubber has weakened. According to the Commodity Market Analysis System of Shengyi Society, as of October 22, the price of butadiene was 8333 yuan/ton, a decrease of 1.34% from 8446 yuan/ton on October 14; As of October 22, the price of acrylonitrile was 7800 yuan/ton, a decrease of 0.85% from the price of 7866 yuan/ton at the beginning of the month.
Recently (October 14-1022), the production of nitrile rubber plants in China has been declining, and starting from October 22, 2025, they will gradually shut down and enter the maintenance cycle.
After the holiday, the production of downstream nitrile rubber hoses in China increased by around 60%, and the production of insulation foam increased by around 5.4%. This mainly supports the demand for nitrile rubber, but there is resistance to high priced sources.
Market forecast: Business Society’s nitrile analyst believes that the cost support for nitrile rubber is currently weak; Downstream demand for support but resistance to high priced sources, it is expected that the nitrile rubber market will consolidate weakly in the later stage.
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