In May (5.1-5.15), the market of CIS polybutadiene rubber fell slightly. According to the monitoring of business agency, as of May 15, the price of CIS polybutadiene rubber in China was 13530 yuan / ton, down 2.10% from 13820 yuan / ton at the beginning of the month.
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Since May, the ex factory price of polybutadiene rubber of domestic enterprises has been reduced slightly. According to the monitoring of business society, as of May 15, the ex warehouse price of Qilu Shunding of Sinopec North China sales company was 13200 yuan / ton. The price of raw butadiene fell slightly, the demand side was weak, and the CIS polybutadiene rubber market adjusted slightly downward.
Since May, the domestic cis-1,4-polybutadiene rubber plants have been started and upgraded, the cis-1,4-polybutadiene plants such as Lande and Dushanzi have been restarted one after another, the cis-1,4-polybutadiene plants such as Maoming, Sichuan and Qilu have been in normal operation, and the supply side is becoming loose.
In May, the price of butadiene fell slightly again, and the short-term support of cost side weakened. According to the monitoring of business society, as of May 15, the price of butadiene was 9586 yuan / ton, down 2.34% from 9816 yuan / ton at the beginning of the month.
Since May, the natural rubber market has fluctuated and consolidated. According to the monitoring of business agency, as of May 15, the price of natural rubber was 12545 yuan / ton, down 0.46% from 12512 yuan / ton at the beginning of the month.
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In May, the start-up of downstream tires remained low. On the one hand, some work stoppages and holidays were held during the Labor Day holiday, on the other hand, the production and sales of some tire factories were not ideal, the inventory pressure was high, and they were cautious about the purchase of high priced CIS polybutadiene rubber.
Future forecast: business analysts believe that the support of raw material cost is weakened again, the downstream demand is weak, and the pressure on supply side is increased. It is expected that the price of cis-polybutadiene rubber will fluctuate and fall in the later period.
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