In November, the market price of nitrile rubber declined slightly. According to the monitoring of business society, the price of nitrile rubber was 24900 yuan / ton at the beginning of the month and 24575 yuan / ton at the end of the month. At the end of the month, it fell by 1.31% compared with the beginning of the month.

The supply of nitrile rubber in China is basically stable, and the inventory of enterprises is small. The ex factory price of nitrile rubber increased in November. It is understood that as of November 30, Lanzhou Petrochemical nitrile n41e reported 22800 yuan / ton, 3305e reported 23100 yuan / ton and 3308e reported 24200 yuan / ton. On the one hand, the ex factory price increased, on the other hand, the environmental protection monitoring in winter reduced the start-up of nitrile downstream products enterprises, the demand side was weak, and the market traders’ offer rose first and then fell.

In November, the raw material butadiene fell sharply, the price of acrylonitrile rose slightly, and the cost side was empty. According to the monitoring of business society, as of November 30, the price of butadiene was 6486 yuan / ton, down 18.83% from 7991 yuan / ton at the beginning of the month; As of November 30, the price of acrylonitrile was 15716 yuan / ton, a slight increase of 1.84% compared with 15433 yuan / ton at the beginning of the month.

Future forecast: nitrile analysts of business society believe that the cost side is empty and the demand side is weak, but the supply side continues to be tight. Under the contradiction between supply and demand, it is expected that the price of nitrile rubber will fluctuate narrowly in the short term.