The butadiene rubber market has declined slightly since March. According to the monitoring of Business News Agency, as of March 13, the domestic price of polybutadiene rubber was 11820 yuan/ton, down 2.31% from 12100 yuan/ton at the beginning of the month. The price of raw material butadiene fell, and the cost support of cis-1,4-polybutadiene rubber weakened; During the period, the factory price of cis-1,4-polybutadiene rubber supplier was reduced by 200~300 yuan/ton, and the offer of merchants was slightly lower. According to the monitoring of the Business News Agency, the ex-factory price of butadiene rubber of Sinopec North China Sales Company was 11700 yuan/ton as of March 13. As of the 13th, the mainstream market of butadiene rubber in Qilu, Yanshan, Yangzi, Dushanzi and Sichuan reported 11700~11900 yuan/ton, while the mainstream market of private butadiene rubber reported 11750~11850 yuan/ton.

The supply of polybutadiene rubber has fluctuated slightly since March.

Since March, the price of raw material butadiene has declined, and the cost support of cis-1,4-polybutadiene rubber has weakened. According to the monitoring of Business News Agency, as of March 13, the price of butadiene was 9166 yuan/ton, down 5.62% from 9712 yuan/ton at the beginning of the month.

Since March, the natural rubber market has declined, and the impact on cis-1,4-polybutadiene rubber is on the short side. According to the monitoring of Business News Agency, the price of natural rubber was 11630 yuan/ton as of March 13, down 3.24% from 12020 yuan/ton at the beginning of the month.

Since March, the construction of downstream tires has risen slightly, but affected by the continuous decline in the price of natural rubber, the purchase of cis-1,4-polybutadiene rubber is not active. It is understood that by the first ten days of March 2023, the starting load of all steel tires of rubber tire enterprises in Shandong Province was 6.9%; The starting load of semi-steel tire of domestic rubber tire enterprises is 7.3%.

Aftermarket forecast: analysts from the Business Agency believe that at present, the supply of cis-1,4-polybutadiene rubber fluctuates slightly, and the enterprise maintenance and restart plan coexist in the later stage; The inventory of downstream raw materials is gradually consumed, but due to the low price of natural rubber, the purchase of cis-1,4-polybutadiene rubber is not good. It is expected that the cis-1,4-polybutadiene rubber will be consolidated in a narrow range in the short term, and attention will be paid to the accumulation and destocking of natural rubber in the future.