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The market supply is tight, and the nitrile rubber market is weakening

 Last Update: 2022-12-04
 Source: Internet
 Author: User

Tags

styrene butadiene rubber

manufacturers

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This week, the nitrile rubber market weakened
.
The price of nitrile rubber fell from 26260 yuan / ton at the beginning of the week to 24800 yuan / ton at the weekend, with an overall decline of 5.
56%.

nitrile rubber

Market trend analysis: The weakening of nitrile rubber this week is mainly affected by the price adjustment of raw materials and manufacturers: First, the price of butadiene, raw material for nitrile rubber, fell this week, from 24551 yuan / ton at the beginning of the week to 23961 yuan / ton at the weekend, a weekly decline of 2.
40%, and the cost support is weak
.

According to monitoring, the factory price of Lanzhou petrochemical nitrile rubber was reduced by 1300 yuan / ton this week, and the factory price of Lanzhou petrochemical nitrile rubber N41 was 25600 yuan / ton
as of the weekend.

Future market outlook: The decline in the price of nitrile rubber is a correction of the previous rapid rise, and it is normal for the price of nitrile rubber to remain high under the tight market supply
.

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