According to the data monitoring of the business agency, the domestic market of cis-1,4-polybutadiene rubber decreased slightly during the week (12.7-12.11), with the price at 11670.00 yuan / ton at the beginning of the week and 11390.00 yuan / ton at the weekend, down 2.40% as a whole.

This week (12.7-12.11), the ex factory price of domestic cis-1,4-butadiene rubber and petrochemical manufacturers was reduced by 200 yuan / ton. According to the monitoring of business agency, as of December 11, the ex warehouse price of Daqing cis-1,3-butadiene of Northeast Sales Company of CNPC was implemented at 11300 yuan / ton; the price of cis-1,3-butadiene rubber of Sinopec North China sales company was stable, Qilu Shunding was quoted as 11300 yuan / T, and Huabei warehouse raised the price; Yanshan Shunding company offered 11220 yuan / T, and Huabei warehouse raised the price.

The supply side of Shunding market is basically stable. On the one hand, the operating rate of cis-1,4-polybutadiene rubber in China increased slightly this week. According to the business association, the start-up load of Yanshan gaoshunding has returned to normal recently, while Wanda Shunding plant has continued to shut down. On the other hand, the traffic in Northeast China gradually recovered after the snow, and the supply of Shunding in Daqing was normal, and the supply of domestic Shunding market was restored this week.

Raw material prices fell this week, the cost of cis-1,4-polybutadiene rubber support weakened. As of December 11, the butadiene price was 9490 yuan / ton, down 3.71% from 9856 yuan / ton at the beginning of the week, according to the business agency.

On the demand side, at present, the downstream tire operating rate continues to maintain above 70%, and the tire raw material storage period is around 20 days, which still has strong support for BR.

Aftermarket forecast: business agency analysts believe that at present, the price of raw material butadiene falls, but the downstream demand has certain support, and it is expected that the price of cis-1,4-polybutadiene rubber will fluctuate and consolidate in the short term.