During the week (11.30-12.4), the price of nitrile rubber remained high. According to the monitoring of the business agency, the price of nitrile rubber on November 30 was 19233.33 yuan / ton, and on December 4, it was 19300.00 yuan / ton. The price continued to maintain a high level with a slight increase of 0.35%.

First of all, the ex factory price of NBR in China is basically stable. According to the monitoring of business agency, as of December 4, the price of NBR in Lanzhou Petrochemical Company was stable: at present, the price of NBR in n41e was 17300 yuan / ton; in 3305e, it was 17900 yuan / ton; in 3308e, it was 18800 yuan / ton; in Ningbo shunze, the ex factory price of NBR was stable, at present, the NBR of 3355 factory was 18600 yuan / ton.

Secondly, the price of raw materials remains high, and the cost side is still strongly supported. According to the monitoring of the business agency, as of December 4, the butadiene price was 9856 yuan / ton; as of December 4, the ex factory price of acrylonitrile Shanghai Secco was 13000 yuan / ton. The prices of raw materials are in the high stage.

Finally, the epidemic situation in foreign countries is becoming more and more serious. The number of confirmed cases and deaths continues to increase. The demand for medical nitrile rubber latex gloves is still strong, resulting in the tight supply of nitrile rubber, which forms a strong support for the whole nitrile market.

Aftermarket forecast: NBR analysts believe that the high price of raw materials, coupled with strong downstream demand, NBR prices will continue to remain high in the short term.