Recently (5.13-5.21), the nitrile rubber market has been weak and consolidating. According to the Commodity Market Analysis System of Business Society, as of May 21st, the price of nitrile rubber was 15137 yuan/ton, a decrease of 0.25% from 15175 yuan/ton on May 13th. The high prices of raw materials such as butadiene and acrylonitrile have fallen, while the cost support for nitrile rubber has slightly weakened; Downstream construction continues at a low level, with weak demand for nitrile rubber. General inventory of nitrile rubber enterprises; The production of nitrile rubber is at a low level, and the pressure on the supply side of nitrile rubber is not high. As of May 21st, the mainstream market price for Lanhua 3305 in East China is around 13700-13800 yuan/ton; The mainstream market price for Russian nitrile 3665 is around 13500-13600 yuan/ton; The mainstream market price for Nandi Nitrile 1052 is around 16700-16800 yuan/ton; The mainstream market price for Shunze Nitrile 3355 is 14700-14800 yuan/ton.

Recently (5.13-5.21), the prices of raw materials butadiene and acrylonitrile have fallen from high levels, and the cost support for nitrile rubber has slightly weakened. According to the Commodity Market Analysis System of Business Society, as of May 21st, the price of butadiene was 11087 yuan/ton, a decrease of 3.90% from 11537 yuan/ton on May 13th; As of May 21st, the price of acrylonitrile was 10250 yuan/ton, a slight decrease of 3.87% compared to the price of 10662 yuan/ton on May 13th.

Recently (5.13-5.21), the construction of domestic nitrile rubber plants has slightly increased, but there are still plans for plant maintenance in the later stage. The 65000 ton/year nitrile plant in Shunze will restart operation from May 20th; The 35000 ton/year nitrile rubber plant in Lanhua will be shut down from May 11th, and the 15000 ton/year nitrile rubber plant is planned to be shut down on May 25th.

Recently, the production of downstream nitrile rubber hoses in China has remained at around 5.5%, while the production of insulation foam has remained at a low level of around 5.5%. Downstream inquiries about nitrile rubber are limited, and the overall demand for nitrile rubber is weak.

Market forecast: Business Society nitrile analysts believe that currently, the prices of butadiene and acrylonitrile raw materials for nitrile rubber are still at a high cost support level; Downstream construction remains at a low level, which has a negative impact on nitrile rubber; The production of nitrile rubber is at a low level, and there is not much pressure on the supply side, which provides some support for the market. Overall, it is expected that the nitrile rubber market will fluctuate and consolidate in the later stage.