Trade name: nitrile rubber

Latest price (April 20): 21900 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the domestic price of NBR was 21900 yuan / ton on the 20th, down 1.50% compared with the previous day. On the one hand, the price of butadiene is at a low level and the cost is short. According to the business news agency, as of April 20, the price of butadiene was 6696 yuan / ton, down 9.69% from the beginning of April. On the other hand, after the festival, the demand of some downstream products factories was general, the inquiry was light, and the market merchant’s shipment was the main, and the offer was lowered. According to the monitoring of business news agency, on the 19th, the mainstream of Lanhua’s nitrile 3305 market was 20800 ~ 21300 yuan, the mainstream of Nandi 1052 market was 24500 ~ 25000 yuan / ton, the mainstream of Russia’s 3365 market was 19000 ~ 19200 yuan / ton, and the mainstream of South Korea’s lg6250 market was 20000 ~ 20500 yuan / ton.

Future forecast: the cost side is lower and the demand side is weaker. It is expected that the market price of NBR will remain weak in the short term.