During the week (12.7-12.11), the price of nitrile rubber rose slightly. According to the monitoring of business agency, the price of nitrile rubber was 19466.676 yuan / ton at the beginning of the week, and 19566.67 yuan / ton at the weekend, with a slight increase of 0.51%.
The ex factory price of NBR in China is basically stable. According to the monitoring of business agency, as of December 11, the price of NBR in Lanzhou Petrochemical Company was stable: at present, the price of NBR in n41e was 17300 yuan / ton; in 3305e, it was 17900 yuan / ton; in 3308e, it was 18800 yuan / ton; in Ningbo shunze, the ex factory price of NBR was stable, at present, the NBR of 3355 factory was 18600 yuan / ton. The market price is stable. In the early stage, the market of NBR n41, 3305 and other brands in Lanhua had a lot of stock, and the market price had a slight correction; because the market supply of NBR brands such as Nandi 1052 and Lanhua 3308 continued to be tight, the market quotation was still relatively firm.
The price of raw materials decreased slightly, and the support of cost side weakened. According to the monitoring of the business agency, as of December 11, the butadiene price was 9490 yuan / ton, down 3.71% from 9856 yuan / ton at the beginning of the week; as of December 11, the ex factory price of acrylonitrile Shanghai Secco was 12500 yuan / ton, down 3.85% from 13000 yuan / ton at the beginning of the week. Raw material prices continue to moderate.
Finally, although the vaccine brings great hope, the number of confirmed cases and deaths in the world continues to increase, and the demand for medical nitrile latex gloves is still strong, resulting in the tight supply of nitrile rubber, which forms a strong support for the whole nitrile market.
Aftermarket forecast: NBR analysts of the business agency believe that the raw material price has a downward trend, but the downstream demand is still strong, and the price of NBR may be adjusted in a narrow range in the short term.
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