According to the monitoring of the business community, as of December 10, the price of nitrile rubber was 15150 yuan/ton. Since December, the market of nitrile rubber has continued to be weak and stable. The demand continues to be sluggish and the inquiry is not active. The ex factory price of nitrile rubber of domestic enterprises was stable. As of October 10, the ex factory report of Lanzhou Nitrile Rubber N41 was 13,400 yuan/ton. Narrow adjustment of market offer. At present, the mainstream report of 2665 nitrile in Russia is 13200~13400 yuan/ton.
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In the first ten days of December, the price of butadiene as raw material rose slightly, while the price of acrylonitrile fell sharply. The cost support of butadiene acrylonitrile rubber was still weak. According to the monitoring of the business community, as of December 10, the price of butadiene was 63566 yuan/ton, up 0.642.48% from 6407 yuan/ton at the beginning of the month. The price of raw material acrylonitrile fell sharply. According to the monitoring of the business community, as of December 10, the price of acrylonitrile was 10020 yuan/ton, down 4.57% from 10500 yuan/ton at the beginning of the month.
NBR supply side pressure continues.
Recently, the downstream rubber products industry continued to operate at a low level, the purchase of nitrile rubber was sluggish, the market turnover was light, and the demand for nitrile rubber was insufficient.
Future market forecast: NBR analysts from the business community believe that the supply side pressure of NBR is still at present, coupled with weak demand, and it is expected that NBR will be dominated by weak consolidation in the short term. Later, with the launch of stock preparation before the year, the nitrile rubber market may rise slightly.
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