The market of nitrile rubber was stable this week (12.3-12.10). According to the monitoring of business society, the price of nitrile rubber was 24325 yuan / ton as of December 17.

The offer of domestic nitrile rubber market is stable. According to the monitoring of business society, as of December 17, the mainstream price of Lanhua nitrile n41e market is 24200 yuan / ton; 3305e mainstream newspaper 24000 yuan / ton; 3308e mainstream newspaper 24500 yuan / ton; Shunze nitrile 3355 market mainstream reported 24000 yuan / ton. The commencement expectation of downstream rubber products industry is lower, and the support for nitrile rubber is weak.

Butadiene prices continued to fall sharply this week, and the cost side is difficult to improve. According to the monitoring of business society, as of December 17, the price of butadiene was 4622 yuan / ton, down 14.55% from 5410 yuan / ton at the beginning of the week.

Future forecast: nitrile analysts of business society believe that although the supply pressure of nitrile rubber is small, the price of raw materials has fallen sharply again, coupled with weak demand, it is expected that the nitrile rubber market will weaken in the later stage.