This week (5.12-5.19), the market for butadiene rubber saw a significant decline. According to the Commodity Market Analysis System of Business Society, as of May 19th, the domestic price of butadiene rubber was 10720 yuan/ton, a decrease of 4.20% from last Monday’s 11190 yuan/ton. The price of raw material butadiene has decreased, and the cost of cis-1,4-polybutadiene rubber has significantly decreased; During the cycle, the factory price of polybutadiene rubber supplier polybutadiene rubber was reduced by a total of 500 yuan/ton twice, resulting in a decrease in merchant offers.

This week (5.12-5.19), the supply of butadiene rubber slightly decreased, but there are plans to restart devices in the later stage, and the pressure on the supply of butadiene rubber is expected to be difficult to reduce.

This week (5.12-5.19), the price of raw material butadiene fell weakly, and the cost of cis-1,4-polybutadiene rubber declined. According to the Commodity Market Analysis System of Business Society, as of May 19th, the price of butadiene was 7838 yuan/ton, a decrease of 5.34% from last Monday’s 8281 yuan/ton.

The natural rubber market continued to rise slightly this week (5.12-5.19) due to storage rumors, but it is still at a stage low, with little support for butadiene rubber. According to the Commodity Market Analysis System of Business Society, as of May 19th, the price of natural rubber was 11820 yuan/ton, an increase of 1.14% from last Monday’s 11656 yuan/ton.

This week (5.12-5.19), the tire production rate is temporarily stable, and there is a strong need for support for rubber, but it is weaker than in April. It is understood that as of mid May 2023, the operating load of all steel tires for rubber tire enterprises in Shandong region is 6.3%; The operating load of semi steel tires for domestic rubber tire enterprises is 7.00%.

Future Market Forecast: Business Society analysts believe that some butadiene rubber plants will restart in the near future and there are also expectations of restarting some plants in the future, resulting in a pressure on the supply of butadiene rubber