This week (6.1-6.5) the price of NBR fell slightly. According to the monitoring of the business agency, the price of NBR at the beginning of the week was 13900 yuan / ton, and the price at the end of the week was 13833 yuan / ton, with a slight decline of 0.48% overall.
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The rise and fall of raw material prices show each other, and mutual restriction has an impact on the price of NBR. The price of butadiene has a small decline, and the price of acrylonitrile has a small rise. According to the business news agency, the price of butadiene was 4140 yuan / ton at the beginning of this week, 3801 yuan / ton at the end of this week, down 8.19% on the whole; the factory price of acrylonitrile Shanghai Secco was increased from 7750 yuan / ton at the beginning of this week to 8000 yuan / ton, up 3.23% on the whole.
In addition to the shutdown of some NBR units, the overall start-up of NBR is stable, the overall start-up rate of NBR has little change, and the supply side still faces pressure. According to the business agency, Lanzhou Petrochemical’s 15000 ton nitrile rubber plant was shut down for maintenance on May 27, and it is planned to shut down for 25 days. Zhenjiang Nandi, Jinpu YINGSA and Ningbo shunze units are under normal operation.
In terms of the downstream, at present, the downstream plants still mainly consume the early inventory, with a small amount of inquiry on demand, and the overall sales volume of NBR is slightly flat.
Future market forecast: the NBR analysts of the business club think that the downstream demand is flat, the overall start-up of NBR is not low, and it is expected that the NBR market will continue to be weak in the later stage.
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