Market price of polybutadiene rubber fell in early November (11.1-11.10)

According to the data monitoring of the business agency, the domestic market of cis-1,1-11-10 fell in the first ten days of November (11.1-11.10), with the price at 11060.00 yuan / ton at the beginning of the month, and 10640.00 yuan / ton as of November 10, with an overall decrease of 3.8%.

 

Thiourea

In the first ten days of November, the ex factory price of some domestic cis-1,4-polybutadiene rubber and petrochemical manufacturers was reduced by 200 yuan / ton. As of November 10, the ex warehouse price of Daqing cis-1,4-butadiene of PetroChina Northeast sales company was implemented at 10700 yuan / ton. In November, the operating rate of domestic petrochemical CIS polybutadiene rubber plant did not change significantly compared with that at the end of October, and the overall operating rate was around 70%. According to the business agency, Yantai Haopu New Material Technology Co., Ltd. shut down the 60000 ton nickel based high CIS polybutadiene rubber plant on November 24 and restarted operation on November 2; Yanshan Petrochemical’s 120000 T / a nickel based CIS polybutadiene unit was in normal operation, and the rare earth cis-1,1-polybutadiene unit was shut down The 100000 t / a high CIS polybutadiene rubber plant of Yangzi Petrochemical Co., Ltd. will be shut down for maintenance from November 4, with an estimated time of 7-12 days; the cis-1,4-polybutadiene units of Lande, Qixiang and Qilu are in normal operation.

 

Raw material prices slightly lower, the cost of cis-1,4-polybutadiene rubber support weakened. According to the monitoring of the business agency, as of November 10, the butadiene price was 9185 yuan / ton, slightly lower than 9200 yuan / ton at the beginning of the month.

 

The start-up of downstream tire market continued to rise slightly, and the start-up of all steel tire and semi steel tire remained above 70%, and there was rigid demand for rubber.

 

At present, the downstream support of cis-1,4-polybutadiene rubber is still obvious. On the one hand, the raw material butadiene enters a short-term stable period, and the cost support strength is weakened; on the other hand, it is the correction and adjustment of the early excessive growth. On the whole, there is no short-term strong negative factor in the market, and the cis-1,4-polybutadiene rubber industrial chain is still in a relatively strong stage.

 

In the early stage, however, it is expected that the rubber price will remain high in the early stage, and the price of raw materials will remain high in the future.

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