Recently (4.22-4.29), the market price of butadiene rubber has slightly declined. According to the commodity market analysis system of Shengyishe, as of April 29th, the price of butadiene rubber in the East China region was 13260 yuan/ton, a decrease of 1.41% from 13450 yuan/ton on April 22nd. The high price of raw material butadiene continues to support the cost of butadiene rubber; The production of butadiene rubber remains at a low level; Downstream production of all steel tires has slightly decreased, and the demand for butadiene rubber has been purchased. The price of butadiene rubber has mainly weakened and narrowed after a significant increase in the early stage.

Recently (4.22-4.29), the price of butadiene has been running at a high level, and the cost of butadiene rubber continues to support. According to the Commodity Market Analysis System of Shengyishe, as of April 29th, the price of butadiene was 11712 yuan/ton, an increase of 0.11% from 11700 yuan/ton on April 22nd.

Recently (4.22-4.29), the production of butadiene rubber has remained at a low level.

Demand side: In the near future (4.22-4.29), downstream tire production has slightly decreased, slightly weakening the support for the rigid demand of butadiene rubber. It is understood that as of April 25th, the operating load of semi steel tires in domestic tire enterprises is around 8.00%; The operating load of all steel tires for tire enterprises in Shandong region has slightly increased to 640%; Downstream suppliers tend to stock up on demand for butadiene rubber, resulting in lackluster market transactions as the holiday season approaches.

Market forecast: From a fundamental perspective, analysts from Business Society believe that the price of raw material butadiene is still at a high level, and the cost support for butadiene rubber is still strong; The overall production of butadiene rubber remains at a low level, and there are also plans for maintenance of some equipment in the later stage. The expected production of butadiene rubber continues to decline; At present, downstream tire enterprises have experienced slight fluctuations in production, with the main support for the rigid demand of butadiene rubber. Overall, the butadiene rubber market may narrow down in the later stage under the support of cost and low production.