According to the data monitoring of business news agency, the domestic cis-1,4-polybutadiene rubber market rose during the week (3.15-3.19), with the price at 13960.00 yuan / ton at the beginning of the week and 13280.00 yuan / ton at the weekend, up 2.47% overall.
This week (3.15-3.19), the domestic cis-1,4-polybutadiene rubber market rose, and the ex factory price of cis-1,4-polybutadiene rubber increased by 300 yuan / ton. According to the monitoring of business agency, as of March 19, the ex warehouse price of Daqing cis-1,4-polybutadiene rubber of PetroChina Northeast sales company was 13800 yuan / ton; Qilu cis-1,4-polybutadiene rubber of Sinopec North China sales company was 13700 yuan / ton, and North China warehouse was raising the price; Yanshan cis-1,4-polybutadiene rubber was 13620 yuan / ton, and North China warehouse was raising the price.
On Monday, a fire broke out in Maoming Petrochemical’s cis-1,4-polybutadiene rubber plant, and the plant was shut down. The overall supply side of the market was tight, and the supply price and market price of cis-1,4-polybutadiene rubber both went up.
Raw material prices have softened slightly this week, and the cost side is weak. According to the monitoring of business news agency, as of March 19, the price of butadiene was 8441 yuan / ton, down slightly by 0.07% compared with 8446 yuan / ton at the beginning of the week.
On the demand side, after the Spring Festival, the downstream market started to recover gradually, and the downstream stock increased, but recently there was a conflict with high price rubber, and the stock decreased slightly.
Future forecast: business community analysts believe that at present, although the supply side is still tight, the price of raw material butadiene is weak, the international crude oil adjusted sharply on the 18th, the peak of downstream phased procurement has passed, and the overall support for cis-1,4-polybutadiene rubber is weak. It is expected that cis-1,4-polybutadiene rubber will face a slight decline and adjustment in the short term.