This week (8.8-8.15), the nitrile rubber market was weak and consolidated. According to the monitoring of the business community, as of August 15, the nitrile rubber price was 15812 yuan / ton, down 0.86% from 15950 yuan / ton last Monday. The price of raw materials fell, the cost dragged, and the market transaction was light, so the offer of merchants fell. As of 15th, the mainstream offers of Russian nitrile 3365, shunze nitrile 3355 and Lanhua nitrile 3305 in East China were around 14600-15100 yuan / ton, and the mainstream offers of Nandi nitrile 1052 were around 18500-18900 yuan / ton.
The domestic nitrile rubber plant is basically in normal operation, and the industrial commencement rate is around 80%. The supply of nitrile rubber in the market is loose. According to the business news agency, the 100000 t / a nitrile rubber unit of Lanzhou Petrochemical Company operates normally; The 30000 T / a nitrile rubber unit of Nanjing Jinpu YINGSA Synthetic Rubber Co., Ltd. is in normal production; At present, the 30000 T / a nitrile rubber unit of alantai rubber has been restarted to normal operation; Normal production of Zhenjiang Nandi 50000 T / a nitrile rubber plant; Ningbo shunze 65000 T / a unit operates under low load.
This week (8.8-8.15), the price of butadiene dropped sharply, the price of acrylonitrile was adjusted at a low level, and the cost of nitrile rubber weakened. According to the monitoring of business agency, as of August 15, the price of butadiene was 7792 yuan / ton, down 10.10% from 8668 yuan / ton last Monday; As of August 15, the price of acrylonitrile was 9100 yuan / ton, a slight increase of 0.44% compared with 9060 last Monday.
Under the current high temperature weather and unsatisfactory export and other factors, the downstream construction of nitrile rubber continues to be low, and the replenishment mood is not high. According to the business agency, the downstream thermal insulation foam, rubber pipe and other industries are about 50-60%, and the demand side support is weak.
Future forecast: NBR analysts of business club believe that the current supply of NBR exceeds demand, low cost and weak demand restrict the market of NBR. However, the price of NBR has dropped significantly compared with the previous period, and there is no impact factor of another big drop in the short term. It is expected that the NBR market will be mainly consolidated in a narrow range in the short term.