NBR market is stable (1.13-1.17)

This week (1.13-1.17), the price of NBR is stable, with a price of 16200 yuan / ton.

 

Low price of raw butadiene

 

Polyglutamic acid cosmetic grade

The price of raw materials is low, the support strength of cost surface is weakened: the price of butadiene is low, the support for NBR is weakened. According to the monitoring of the business agency, the price of butadiene at the beginning of the week was 8112 yuan / ton, while that at the end of the week was 8084 yuan / ton, slightly down 0.35%.

 

Stable ex factory price of petrochemicals

 

The unit of NBR manufacturer in China is in normal operation, the factory price of NBR is stable, and the overall operation rate of NBR unit is around 70%. According to the business agency, Lanzhou Petrochemical’s 65000 T / a unit is in normal operation. This week, the factory price of Lanhua NBR is stable. At present, n41e reports 15000 yuan / ton, 3305e reports 15500 yuan / ton, and 3308e reports 15600 yuan / ton.

 

Downstream inquiry on demand

 

Polyglutamic acid agricultural grade

The demand of the downstream plant of NBR is weak, and the demand inquiry for NBR is more on demand, so the overall NBR market is relatively weak and stable.

 

Outlook for the future

 

Xu Xiaokun, an analyst with business club, believes that on the one hand, the price of raw materials is low, on the other hand, the transaction is light near the Spring Festival, and it is expected that the NBR market will maintain a weak and stable position in the later period.

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