Butadiene rubber market fluctuated slightly (6.17-6.24)

This week (6.17-6.24), the butadiene rubber market fluctuated slightly. According to the monitoring of business agency, as of June 24, the domestic CIS polybutadiene rubber price was 14810 yuan / ton, down 0.34% from 14860 yuan / ton last Friday, and the low point in the week was 14780 yuan / ton. The price of raw materials fell, the maintenance of enterprises’ devices, long and short CIS polybutadiene rubber factors intertwined, and the market was shaken and consolidated.

 

povidone Iodine

This week (6.17-6.24), the ex factory price of cis-1,4-polybutadiene rubber of domestic enterprises was stable. According to the monitoring of business agency, as of June 24, the ex warehouse price of Qilu Shunding of Sinopec North China sales company was 14700 yuan / ton; The high price of international crude oil and raw butadiene fell; ChuanHua / Zhenhua and other Shunding units are restarted, while Maoming / Wanda and other units are shut down, resulting in little pressure on the supply side; However, the market transaction was slightly deadlocked, and the market offer of CIS polybutadiene rubber fell slightly.

 

This week (6.17-6.24), butadiene prices fell slightly, and cost support continued to weaken. According to the monitoring of business agency, as of June 24, the price of butadiene was 11157 yuan / ton, down 1.17% from 11290 yuan / ton last Friday.

 

Gamma-PGA (gamma polyglutamic acid)

The natural rubber market fluctuated slightly. According to the monitoring of business news agency, as of June 24, the price of natural rubber was 12776 yuan / ton, up 0.60% from 12700 yuan / ton at the beginning of the month.

 

More than 60% of the downstream tires were started, which supported the rubber demand to some extent, but resisted the high price goods, and the high price transaction in the market was slightly deadlocked.

 

Future forecast: according to the analysts of the business club, the cost of raw materials has dropped and the pressure on the supply side is not great, but the market has a slight resistance to the high price. It is expected that the price of CIS polybutadiene rubber will fluctuate and consolidate in the short term.

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