This week (6.5-6.12), the Nitrile rubber market continued to be weak. According to the commodity market analysis system of the business community, as of June 12, the price of Nitrile rubber was 14525 yuan/ton, down 1.19% from 14700 yuan/ton last Monday. The price of raw material butadiene and acrylonitrile fell, and the cost of Nitrile rubber declined; Downstream demand is weak, and market transactions are still relatively flat. This week, the factory prices of some Nitrile rubber enterprises were slightly lowered. At present, the mainstream market of Lanhua nitrile 3305 in East China is 13500~13800 yuan/ton; The mainstream price of Nandi Nitrile 1052 is 16000-16200 yuan/ton; Sibur Nitrile 3365 mainstream reported 13800~14000 yuan/ton; Shunze nitrile 3355 mainstream reported 14000-14200 yuan/ton.

This week (6.5-6.12), the prices of raw materials butadiene and acrylonitrile fell, and the cost of Nitrile rubber declined. According to the Commodity Market Analysis System of Business Society, as of June 12th, the price of butadiene was 6317 yuan/ton, a decrease of 0.96% from last Monday’s 6378 yuan/ton; As of June 12th, the price of acrylonitrile decreased by 1.81% from last Monday’s 8287 yuan/ton at 8137 yuan/ton.

The Nitrile rubber plant operates normally. At present, the supply side of Nitrile rubber is basically stable.

Downstream rubber hose, automotive parts and other rubber product industries mainly have small inquiries and small transactions in the market.

Future forecast: NBR analysts from the business community believe that at present, the supply of Nitrile rubber is stable, and the downstream inquiry increase is not obvious. It is expected that in the short term, Nitrile rubber industry chain is in a weak situation, and Nitrile rubber prices will be adjusted at a low level; In the later period, the maintenance of Nitrile rubber plant of Lanzhou Petrochemical will reduce the supply of Nitrile rubber market slightly, and then the market of some Nitrile rubber brands will rise slightly; In the medium and long term, the rising market of Nitrile rubber still needs the recovery of downstream demand.