May 16, 2022
In the first half of the month (5.1-5.15), the acrylonitrile-butadiene rubber market fell slightly. According to the monitoring of SunSirs, the price of acrylonitrile-butadiene rubber was 23,850 RMB/ton as of May 15, down 2.85% from the price of 24,550 RMB/ton at the beginning of the month.
In May, the operating rate of domestic acrylonitrile-butadiene rubber was close to 80%, and the supply side was relatively sufficient; the ex-factory price of acrylonitrile-butadiene rubber enterprises was adjusted downward by 500~800 RMB/ton. According to the monitoring of SunSirs, as of May 15, the factory price of Lanhua’s acrylonitrile-butadiene rubber N41E was 22,500 RMB/ton; the factory price of 3305E was 22,800 RMB/ton; the factory price of 3308E was 23,800 RMB/ton; the price of Shunze’s acrylonitrile-butadiene rubber 3355 was 22,700 RMB/ton; the price of Nandi’s acrylonitrile-butadiene rubber 1052 was 24,200 RMB/ton. On the one hand, raw material prices have fallen and costs have weakened. On the other hand, the supply and demand game has caused a slight stalemate between upstream and downstream.
In May, the price of butadiene continued to fall, the price of vinyl cyanide fluctuated slightly, and the cost support was weak. According to the monitoring of SunSirs, as of May 15, the price of butadiene was 9,586 RMB/ton, down 2.34% from the price of 9,816 RMB/ton at the beginning of the month; as of May 15, the price of vinyl cyanide was 11,540 RMB/ton, compared with the price of 11,560 yuan at the beginning of the month, fell 0.17%.
Since May, the downstream construction of acrylonitrile-butadiene rubber has been low, and the demand side has been weak. According to the understanding of SunSirs, the downstream thermal insulation foam, rubber hose and other industries started around 50-60%. The downstream purchased on demand and was resistant to the high price of acrylonitrile-butadiene rubber, and the price of acrylonitrile-butadiene rubber fell slightly from the high level.
The acrylonitrile-butadiene rubber analyst of SunSirs believes that the supply and demand of acrylonitrile-butadiene rubber is slightly stalemate, and the cost support is weakened. It is expected that the acrylonitrile-butadiene rubber market will continue to fluctuate within a narrow range.
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