Recently (11.11~11.19), the market price of Shunding rubber has been weak and declining. According to the commodity market analysis system of Shengyi Society, as of November 19, the market price of Shunding rubber in East China was 14280 yuan/ton, a decrease of 4.99% from 15030 yuan/ton on November 11. The price of raw material butadiene has dropped significantly, and the center of gravity of butadiene rubber has shifted downwards; Shunding rubber production slightly decreased; The downstream tire production is generally stable. Shunding rubber suppliers have lowered their supply prices, and merchants have adjusted their offers. As of November 18th, the mainstream prices for Shunding in Qilu, Daqing, Sichuan, and Yangtze regions in East China range from 13700 to 14450 yuan/ton.
Recently, the price of butadiene has continued to decline, and the cost support for butadiene rubber has weakened. According to the Commodity Market Analysis System of Shengyi Society, as of November 19th, the price of butadiene was 10162 yuan/ton, a decrease of 7.09% from 10937 yuan/ton on November 11th.
Recently (11.11~11.19), the domestic butadiene rubber plant started production at 6.4%, with stable, moderate, and slight fluctuations as the main trend.
Demand side: Downstream tire production is basically stable, and demand is mainly supported by the rigid demand of the butadiene rubber market. As of November 15th, the operating load of semi steel tires in domestic tire enterprises is around 7.9%; The operating load of all steel tires in tire enterprises in Shandong region is about 5.9%.
Market forecast: From a fundamental perspective, analysts from Shengyi Society believe that the price of raw material butadiene will significantly fall, and the cost center of butadiene rubber will shift downwards; In the near future, downstream construction has been adjusted steadily, and there is a slight resistance to the high price supply. In general, the short-term or weak adjustment of cis-1,4-polybutadiene rubber market is dominant.
| http://www.polyvinylalcohols.com |