Recently (3.18-3.27), the market situation of nitrile rubber has slightly improved. According to the Commodity Market Analysis System of Business Society, as of March 27th, the price of nitrile rubber was 15450 yuan/ton, an increase of 0.16% from 15425 yuan/ton on March 18th. The high price consolidation of raw material butadiene and a slight increase in the price of acrylonitrile have continued to support the cost of nitrile rubber; Downstream factories often purchase according to demand, with weak support from the demand side for nitrile rubber. General inventory of nitrile rubber enterprises; Alantai Rubber’s 30000 ton/year nitrile rubber plant is scheduled to be shut down for maintenance in early April, and the supply of nitrile rubber is expected to further decline. As of March 27th, the mainstream market price for Lanhua 3305 in East China is around 14500-14600 yuan/ton; The mainstream market price for Russian nitrile 3665 is around 14400-14600 yuan/ton; The mainstream market price for Nandi Nitrile 1052 is around 17000-17500 yuan/ton.

Recently (3.18-3.27), the high price of raw material butadiene has been consolidated, and the price of acrylonitrile has slightly increased. The cost of nitrile rubber continues to support. According to the commodity market analysis system of Shengyishe, as of March 27th, the price of butadiene was 11525 yuan/ton, which is 0.07% lower than the price on March 18th; As of March 27th, the price of acrylonitrile was 9862 yuan/ton, an increase of 2.33% compared to the price of 9637 yuan/ton on March 18th.

Recently (3.18-3.27), the overall stability of domestic nitrile rubber plants has been achieved, and some plants have plans for shutdown and maintenance in the later stage.

Recently, the production of downstream nitrile rubber hoses in China has remained around 6.2%, while the production of insulation foam has slightly decreased to around 6.3%. The demand is facing weak support from the nitrile rubber market.

Market forecast: Business Society nitrile analysts believe that currently, the high cost of butadiene and acrylonitrile raw materials for nitrile rubber is supported by high prices; Downstream construction is temporarily stable, inquiries are cautious, maintaining weak support for nitrile rubber; The supply of nitrile rubber is expected to decline in the later stage, and it is expected that the nitrile rubber market will fluctuate and consolidate in the later stage.