According to the data monitoring of business agency, the domestic br market fell slightly this week (6.1-6.5), with the price at the beginning of the week at 7630 yuan / ton and at the end of the week at 7520 yuan / ton, down 1.44% overall. On June 5, the CIS polybutadiene rubber commodity index was 22.59, unchanged from yesterday, down 77.94% from 102.40 (2011-09-25), the highest point in the cycle, and up 0.27% from 22.53, the lowest point on June 4, 2020. (Note: cycle refers to 2011-09-01 to now)

The factory price of domestic Shunding rubber petrochemical factory was lowered. As of June 5, the delivery price of Daqing Shunding of CNPC Northeast sales company was 7400 yuan / ton. Traders mainly consume inventory and make small adjustment in offer.

The price of raw materials fell sharply, while the cost of cis-1,4-polybutadiene rubber was negative. According to the monitoring of the business agency, the price of butadiene was 4140 yuan / ton at the beginning of this week and 3801 yuan / ton at the end of this week, down 8.19% overall.

The operating rate of downstream tire plants has not changed much, and cis-1,4-polybutadiene rubber is mostly purchased on demand. At present, the starting rate of all steel tire is around 70%, and that of half steel tire is around 60%. The overall demand is weak and stable.

Aftermarket forecast: business analysts believe that at present, on the one hand, the price of raw materials has fallen, on the other hand, the downstream demand has not been significantly boosted, and it is expected that Shunding as a whole will be weak and stable in the short term.