On October 26, the market of styrene butadiene rubber continued to decline slightly

According to the monitoring of the business community, the domestic price of styrene butadiene rubber was 11300 yuan/ton on October 26, down 0.07% from the previous day. On the 26th, the ex factory price of styrene butadiene rubber manufacturers was stable. The price of raw styrene decreased slightly; The overall supply of styrene butadiene rubber is sufficient; Downstream demand is sluggish; Weak market in the industrial chain; The offer of styrene butadiene rubber from some merchants fell by 50 yuan/ton. According to the monitoring of the business community, the mainstream offer of the domestic SBR 1502 market was around 11200~11500 yuan/ton on the 26th.

Enterprise, product, ex factory price (yuan/ton)

Sinopec Huabei., Qilu Butadiene 1502., 11200

Sinopec Huabei., Qilu Butadiene 1712., 10000

Sinopec East China, Yangzi/Qilu SBR 1502., 11200

Sinopec East China, Yangzi SBR 1712., 10000

Sinopec South China., Qilu Butadiene 1502., 11400

Sinopec South China., Qilu Butadiene 1712., 10200

PetroChina East China., Jihua/Lanhua/Fushun Butadiene 1502., 11200

PetroChina Northeast, Jilin Chemical/Fushun Butadiene 1502., 11200

Future market forecast: the supply side is loose, downstream demand is limited, and cost support is weak. It is expected that the price of styrene butadiene rubber will be weak and volatile in the later period.