CIS polybutadiene rubber market rebounded slightly (8.19-8.26)

This week (August 19-august 26), the polybutadiene rubber market rebounded slightly. According to the monitoring of the business agency, as of August 26, the domestic CIS polybutadiene rubber price was 12580 yuan / ton, a slight increase of 0.24% over the 12550 yuan / ton last Friday. Since June, polybutadiene rubber has been falling all the way to the low level of the year in the middle of August. Then, the market was in a wait-and-see state. With the petrochemical manufacturers’ slight increase in the factory price last week, many merchants’ offers rose slightly. However, from the perspective of industrial chain fundamentals, the downstream demand is still low, and the cost remains low, and the market is still weak; This week, the ex factory price of Shunding rubber of Sinopec Sales Company was stable. As of the 26th, the ex factory price of Qilu Shunding of Sinopec North China sales company was 12400 yuan / ton.

 

Chitosan oligosaccharide

At present, the domestic CIS polybutadiene rubber plant is operating at a high level, and the supply side is expected to continue to be loose.

 

This week (8.19-8.26), the butadiene market fell slightly, and the cost of butadiene rubber continued to weaken. According to the monitoring of business agency, as of August 26, the price of butadiene was 7795 yuan / ton, down 1.03% from 7876 yuan / ton last Friday.

 

Gamma-PGA (gamma polyglutamic acid)

This week, the natural rubber market fluctuated and consolidated, and the support for cis-polybutadiene rubber was not strong. According to the monitoring of business agency, as of August 26, the price of natural rubber was 12044 yuan / ton, down 0.13% from 12060 yuan / ton last Friday.

 

The downstream tire starts at a low level, with the half steel tire starting at around 65%, and the full steel tire starting at around 55%. The demand for rubber is weak, and the market deals are mainly small.

 

Future forecast: business analysts believe that the raw material butadiene is running at a low level and the natural rubber price is fluctuating at a low level; The new production of Qixiang and the restart of Maoming Petrochemical increased the supply side pressure in August. It is comprehensively expected that the price of CIS polybutadiene rubber will continue to be weak in the later period.

http://www.lubonchem.com/