The market of nitrile rubber has declined slightly since the beginning of March. According to the monitoring of Business News Agency, the price of nitrile rubber was 17150 yuan/ton as of March 13, down 1.58% from 17425 yuan/ton at the beginning of the month. The price of raw butadiene fell and the price of acrylonitrile fluctuated in a narrow range. The factory price of nitrile rubber of enterprises was temporarily stable. However, with the rising price of nitrile rubber, the fear of high prices in the downstream increased, and the weak demand in the downstream, the market price fell slightly.

Since March, the price of raw material butadiene has declined, the price of acrylonitrile has fluctuated slightly, and the cost of nitrile rubber has weakened slightly. As of March 13, the price of butadiene was 9166 yuan/ton, down 5.62% from 9712 yuan/ton at the beginning of March, according to the monitoring of the Business News Agency; As of March 13, the price of acrylonitrile was 10400 yuan/ton, down 0.95% from 10500 yuan/ton at the beginning of the month.

The supply of nitrile rubber has declined slightly since March.

Since March, the downstream rubber products industry, such as rubber hose and auto parts, has been dominated by small inquiries, with a small number of transactions in the market.

Future forecast: NBR analysts from the business agency believe that the supply of NBR has decreased slightly at present, but the price of raw material butadiene has declined, while the cost of NBR has declined; At present, the improvement of downstream construction is not obvious, and the nitrile rubber market is expected to be weak and consolidated in the short term.