The price of polybutadiene rubber rose this week (2.10-217). According to the monitoring of Business News Agency, as of February 17, the domestic price of cis-1,4-polybutadiene rubber was 11910 yuan/ton, up 3.21% from 11540 yuan/ton last Friday. The price of raw butadiene continued to rise, and the cost of cis-1,4-polybutadiene rubber rose; Within the week, the factory price of cis-1,4-polybutadiene rubber supplier was increased by 300 yuan/ton, and the offer of merchants was higher. According to the monitoring of the Business News Agency, the ex-factory price of butadiene rubber of Sinopec North China Sales Company was 11700 yuan/ton as of February 17. As of the 17th, the mainstream market of butadiene rubber in Qilu, Yanshan, Yangzi, Dushanzi and Sichuan reported 11750~12100 yuan/ton, while the mainstream market of private butadiene rubber reported 11700~11750 yuan/ton.

The price of raw material butadiene rose slightly this week (2.10-217), while the cost of cis-1,4-polybutadiene rubber continued to rise. According to the monitoring of Business News Agency, the price of butadiene was 9868 yuan/ton as of February 17, up 3.68% from 9518 yuan/ton on February 10.

This week (2.10-217), the natural rubber market corrected in a narrow range, and the impact on cis-1,4-polybutadiene rubber was slightly empty. According to the monitoring of Business News Agency, the price of natural rubber was 12000 yuan/ton as of February 17, up 0.08% from 11990 yuan/ton on Friday.

Recently, the construction of downstream tires has increased significantly, and the demand for cis-1,4-polybutadiene rubber has strong support. It is understood that as of February 10, 2023, the starting load of all steel tires of rubber tire enterprises in Shandong Province was 61.92%, 53.31% higher than that of the same period last year. The starting load of semi-steel tire of domestic rubber tire enterprises was 68.00%, 47.51% higher than that of the same period last year.

Future forecast: The analysts of the Business News Agency believe that the supply of cis-1,4-polybutadiene rubber is stable at present, and the inventory of downstream raw materials is gradually consumed. With the increase of tire commencement, the demand for cis-1,4-polybutadiene rubber will increase in the later stage, and it is expected that cis-1,4-polybutadiene rubber will continue to rise in the later stage.