January 24, 2022
Key points of analysis: according to the monitoring of SunSirs, as of January 20, the domestic price of BR was 13,510 RMB/ ton, an increase of 0.37% over the previous day; The ex-factory price of the main suppliers of BR was stable, the ex-factory price of Daqing and Jinzhou Shunding of CNPC Northeast sales company was 13,400 RMB/ ton, and the price of northeast warehouse was increased; The downstream pre holiday goods preparation continued, coupled with the rebound in the price of raw butadiene, and the cost increased. The offer of merchants increased slightly, and the Qilu, Dushanzi and Zhenhua BR markets in East China reported at 12,900 - 13,750 RMB/ ton.
The price of raw butadiene rebounds, and the downstream pre holiday stock is not finished. It is expected that China BR market will be slightly consolidated before the Spring Festival.
