Recently (1.1-1.17), the market price of butadiene rubber has risen significantly. According to the commodity market analysis system of Shengyi Society, as of January 17, the market price of butadiene rubber in East China was 14880 yuan/ton, an increase of 8.45% from 13720 yuan/ton on January 1. The price of raw material butadiene has significantly increased, and the cost center of butadiene rubber has shifted significantly upward; The production of butadiene rubber has slightly decreased to around 7.2%, and the pressure on the supply side has decreased; Downstream tire production is steadily consolidating, and pre holiday stocking is essential to support the demand for butadiene rubber. Recently, the supply prices of Shunding rubber suppliers have increased, and the quotes from merchants have also risen. As of January 17th, the mainstream quotes for Shunding in Qilu, Daqing, Sichuan, and Yangzi in East China are 14700~15050 yuan/ton.

Recently (1.1-1.17), the price of butadiene has risen significantly, and the cost center of butadiene rubber has shifted significantly upward. According to the Commodity Market Analysis System of Shengyi Society, as of January 17th, the price of butadiene was 10800 yuan/ton, an increase of 15.39% compared to 10800 yuan/ton on January 1st.

Recently (1.1-1.17), the construction of domestic butadiene rubber plants has slightly decreased, with overall construction around 7.2%.

Demand side: Downstream tires mainly provide essential support for the butadiene rubber market. As of January 16th, the operating load of semi steel tires in domestic tire enterprises was around 7.8%; The construction of all steel tires by tire enterprises in Shandong region has slightly increased to around 60% of the load.

Market forecast: From a fundamental perspective, analysts from Shengyi Society believe that the price of raw material butadiene will significantly increase, and the cost of butadiene rubber will have strong support; In recent times, downstream production has remained stable with slight consolidation, providing support for the demand for butadiene rubber. However, as the Spring Festival approaches, market transactions are gradually weakening; The production of butadiene rubber has slightly decreased to around 7.20%, indicating a slight reduction in supply pressure. Overall, the butadiene rubber market is mainly fluctuating at high levels before the holiday.