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From last week's trading data, due to the impact of petrochemical price adjustments, cis-butadiene rubber spot quotations fell
slightly.
This week) cis-butadiene rubber fell slightly, on the one hand, affected by petrochemical price
adjustments.
This week, the price of cis-butadiene rubber of petrochemical manufacturers was lowered by 600 yuan / ton, and the ex-factory price of Qilushundin was 14,000 yuan / ton
by the end of the week.
In terms of raw materials, butadiene is still weak, and the price of butadiene fell from 8867 yuan / ton at the beginning of the week to 8490 yuan / ton at the weekend, down 4.
26%
overall.
In addition, the pressure of rubber supply is still increasing, it is reported that as of the end of May 2017, the rubber inventory in Qingdao Free Trade Zone continued to rise to 276,000 tons, an increase of 08,200 tons, or 3.
06%,
from 267,800 tons in mid-May.
The future market is not optimistic
.
On the one hand, the price of raw material butadiene continues to fall, on the other hand, rubber inventories continue to increase, on the whole, cis-butadiene rubber is still weak, and it is expected that cis-butadiene rubber prices will remain weak this week
.