In the First Ten Days of July, the Acrylonitrile-butadiene Rubber Market Continued to Fall

July 18, 2022

Latest company news about In the First Ten Days of July, the Acrylonitrile-butadiene Rubber Market Continued to Fall

Price trend

In the first ten days of July, the acrylonitrile-butadiene rubber market continued to be weak. According to the monitoring of SunSirs, the price of acrylonitrile-butadiene rubber was 19,025 RMB/ton as of July 10, down 2.44% from the price of 19,500 RMB/ton on the 1st.

Analysis review

Since July, Lanzhou Petrochemical's 100,000-ton/year acrylonitrile-butadiene rubber plant has been operating normally, and the start of the acrylonitrile-butadiene rubber industry has increased slightly compared with the previous period. Except for individual brands, the supply of acrylonitrile-butadiene rubber in the market is still relatively sufficient.

In the first ten days of July, the prices of butadiene and vinyl cyanide fell, and the cost side weakened. According to the monitoring of SunSirs, as of July 10, the price of butadiene was 10,184 RMB/ton, down 2.09% from the price of 10,402 RMB/ton on the 1st; as of July 10, the price of vinyl cyanide was 10,700 RMB/ton, down 1.47% from the price of 10,860 RMB/ton on the 1st.

The downstream construction of acrylonitrile-butadiene rubber continued to be low, and the demand side was weak. According to the understanding of SunSirs, the downstream thermal insulation foam, rubber hose and other industries started around 50% to 60%, and more purchases were made on demand, and the acrylonitrile-butadiene rubber market fell slightly.

Market outlook

The acrylonitrile-butadiene rubber analyst of SunSirs believes that the current supply and demand of acrylonitrile-butadiene rubber is stalemate, and the international crude oil price is falling again. It is expected that the acrylonitrile-butadiene rubber market will be in a weak consolidation state in the short term.

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