Trade name: styrene butadiene rubber 1502

Latest price (June 16): 12208 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the domestic price of styrene butadiene rubber was 12208 yuan / ton on the 16th, up 0.55% from the previous day. In June, the price of natural rubber continued to fall, bad for styrene butadiene rubber. At the beginning of this month, the overall start-up of styrene butadiene rubber industry increased, and the supply side pressure increased, which exacerbated the bad atmosphere. The raw material butadiene rose sharply, and the cost was slightly supported. According to the monitoring of the business association, the butadiene price was 8218 yuan / ton on June 15, up 10.19% from 7458 yuan / ton at the beginning of the month. Last week, the butylbenzene units of Yibang and Jihua were overhauled, which relieved the pressure of butylbenzene supply.

Future forecast: on the one hand, the sharp drop of butylbenzene since April has released some bad risks; on the other hand, the overhaul of Yibang and Jihua plants has also eased the pressure on butylbenzene supply to a certain extent. Overall, SBR is expected to stabilize in the short term.