In August, the market price of nitrile rubber continued to rise

In August, the market of nitrile rubber continued to rise. According to the monitoring of business society, the price of nitrile rubber was 22200 yuan / ton at the beginning of the month and 23400 yuan / ton at the end of the month. At the end of the month, it increased by 5.41% compared with the beginning of the month.

PVA

The supply side of domestic nitrile rubber is basically stable, the enterprise inventory is small, the ex factory price of nitrile increases, and the demand side just needs support. It is understood that the ex factory price of domestic Lanhua nitrile increased significantly in August. As of August 31, Lanzhou Petrochemical n41e reported 21000 yuan / ton, 3305e reported 22100 yuan / ton and 3308e reported 23200 yuan / ton. Traders’ offers rose.

In August, the price of raw butadiene fell, the price of acrylonitrile fluctuated in a narrow range, and the cost side was slightly empty. According to the monitoring of business society, as of August 31, the price of butadiene was 10565 yuan / ton, down 6.6% from 11312 yuan / ton at the beginning of the month; Acrylonitrile in East China port was quoted around 14600 ~ 15000 yuan / ton in August.

Future forecast: NBR analysts of business society believe that the golden nine silver ten is coming, and the NBR enterprise itself has little inventory pressure. It is expected that the price of NBR may rise again in the later stage.

http://www.pva-china.net

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