This week (10.21-10.25), the price of NBR was stable, and the price of NBR was 17666 yuan / ton, up or down 0%.

Price drop of raw material butadiene

Butadiene prices fell this week, weakening support for NBR. According to the monitoring of the business agency, the price of raw butadiene was 10457 yuan / ton on October 21, and 9914 yuan / ton on October 25, down 5.19% on the whole.

Petrochemical factory price offer firm

This week (10.21-10.25), the equipment of domestic nitrile manufacturers is in normal operation. According to the business agency, Lanzhou Petrochemical’s 65000 T / a unit is in normal operation. This week, the factory price of Lanhua NBR is stable. At present, n41e reports 17100 yuan / ton, 3305e reports 17300 yuan / ton, and 3308e reports 17300 yuan / ton. Ningbo shunze 65000 tons / year unit is in normal operation. At present, NBR 3355 reports 16800 yuan / ton, 28 reports 16600 yuan / ton, 3380 reports 17000 yuan / ton. Zhenjiangnan emperor’s NBR 50000 tons / year unit is in normal production, and the actual bill is negotiated. The manufacturer plans to repair the equipment from October 26 to November 5. The market supply is relatively small and the price is slightly higher.

Downstream inquiry on demand

The demand of the downstream plant of NBR is weak, and the demand inquiry for NBR is more on demand. The overall NBR market is relatively weak and stable, and the supply of some brands of NBR is not much, and the price is firm.

Outlook for the future

According to Xu Xiaokun, an analyst of the business agency, the price of raw materials has declined and the downstream inquiry on demand has slightly weakened the NBR as a whole. It is expected that the price of NBR will be weak in the later period.