Industry News

October 12, 2019 2019
Trends of synthetic rubber industry at the Early October

China Butadiene Market price weren’t fluctuating from 1st to 6th October ,The mainstream trend is a fall in prices in several areas.In the north of Chinese factory product has been a slight increase in sales compared with the previous period,but recently Butadiene Market was saturated and didn’t need that much,so Butadiene price will decline in the future and some customers will not pay for that. To a certain extent,the cost of Butadiene decreased due to the selling price decline.For now,Eastern China Butadiene market price at 10900-1100RMB/ton.


In Gao Shunding area of China , rubber price was stable . Rubber future market price was increasing,but no factory want to purchase it .Styrene-butadiene rubber future market price was decreasing,a little factory gave qoutations and Deliver from goddow is not apparently.


It is expected that the profit of the mainstream offer price increase of domestic milk styrene-butadiene rubber market will shrink to about 100 yuan / ton next week. Shandong area styrene-butadiene rubber 1502, 1502E reference quotation around 10700 RMB / ton.


At present, the future price of Butadiene raw materials continues to slowly increasing . The operator is cautious, For the market trading volume is very few, the wait-and-see atmosphere held by the market operator is increased, and the range of the market offer is expected to be adjusted next week to pay close attention to the downstream replenishment trend.

 

Warming: Data from Straight flush News


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