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Affected by the increase in petrochemical quotations, cis-butadiene rubber quotations rose

 Last Update: 2022-12-06
 Source: Internet
 Author: User

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This week, cis-butadiene rubber market prices rose
due to the increase in upstream petrochemical quotations.

Cis butadiene

On the one hand, the ex-factory price of petrochemicals has increased, which has supported the cis-butadiene rubber market
.
According to the monitoring of business agencies, the price of cis-butadiene rubber of petrochemical manufacturers was raised by 400 yuan / ton this week, and the factory price of Qilu shundin was 11,300 yuan / ton
as of the end of the week.
n

On the other hand, the price of raw material butadiene rebounded, supporting the price of cis-butadiene rubber from the cost side
.
The price of butadiene fell from 8012 yuan / ton at the beginning of the week to 8561 yuan / ton at the weekend, up 6.
85%
overall.

In terms of inventory, rubber port inventories decreased slightly, and market supply pressure was slightly reduced, and it is reported that as of August 2, 2017, Qingdao Free Trade Zone stocks fell to 233,600 tons, down 25,300 tons
from mid-July.

Recently, rubber inventories have begun to fall, and the supply and demand pressure of cis-butadiene rubber market has gradually changed, and it is expected that cis-butadiene rubber prices will be strong next week
.

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