April 20 SBR market price continued to fall

Trade name: styrene butadiene rubber 1502

 

Sulfamic acid 

Latest price (April 20): 13875 yuan / ton

 

Key points of analysis: according to the monitoring of business news agency, the domestic price of styrene butadiene rubber was 13875 yuan / ton on the 20th, down 1.36% compared with the previous day. Since April, the price of styrene has rebounded slightly, while the price of butadiene has fallen sharply, and the cost side is mainly short. According to the monitoring of business news agency, as of April 20, the price of styrene was 9283 yuan / ton, up 5.89% compared with the beginning of the month; the price of butadiene was 6696 yuan / ton, down 9.69% compared with the beginning of the month. The increase of downstream stock is not obvious, the inquiry is not active, and the price of natural rubber is lower, which drives the market of styrene butadiene rubber gradually lower. According to the monitoring of business agency, as of April 20, the mainstream offer of Jilin Chemical’s butylbenzene 1502 market was 13800 ~ 13900 yuan / ton, Fushun 1502 market was 13700 ~ 13850 yuan / ton, and Qilu 1502 market was 13900 ~ 14000 yuan / ton.

 

Future forecast: at present, the cost and demand of styrene butadiene rubber are weak, and it is expected that styrene butadiene rubber will continue to be weak in the future.

http://www.sulfamic-acid.com

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