In February, the domestic Shunding market rose first and then fell. According to the data monitoring of the business agency, as of February 28, the price of CIS polybutadiene rubber was 13690 yuan / ton, down 0.07% from 13700 yuan / ton at the beginning of the month; The high point in the month was 14000 yuan / ton.
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The price of raw butadiene rose sharply, supported by the cost side, driving the price of CIS polybutadiene rubber higher in the first half of the month. In addition, the loose supply of cis-polybutadiene rubber and the weak downstream demand for cis-polybutadiene rubber had a negative impact on cis-polybutadiene rubber, resulting in a slight decline in the price of cis-polybutadiene rubber in the second half of the month.
According to the business agency, Wanda and Qixiang devices were restarted to normal operation, Qilu, Lande and Zhenhua were reduced to negative operation, and Huayu rubber was temporarily stopped; In February, the overall start-up of polybutadiene rubber decreased slightly.
In February, the raw material butadiene rose sharply, and the cost was supported by styrene butadiene rubber. According to the monitoring of business society, as of February 28, the price of butadiene was 8372 yuan / ton, up 30.09% from 6436 yuan / ton at the beginning of the month.
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In February, the natural rubber market fluctuated and consolidated. As of February 28, the price was 13114 yuan / ton, down 1.10% from 13260 yuan / ton at the beginning of the month; The high point in the month was 13880 yuan / ton.
Future forecast: business analysts believe that the supply side is slightly reduced, but the pressure is still on, the cost side is significantly higher, which supports CIS polybutadiene rubber, and the demand is weak. It is expected that the price of CIS polybutadiene rubber will fluctuate and consolidate in the later stage.
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