April 21 NBR market continued to weaken

Trade name: nitrile rubber

 

Latest price (April 21): 21566 yuan / ton

 

Key points of analysis: according to the monitoring of business news agency, the domestic price of NBR was 21566 yuan / ton on the 21st, down 1.52% compared with the previous day. The price of raw butadiene is at a low level and the cost is bad. According to the business news agency, as of April 21, the price of butadiene was 6696 yuan / ton, down 9.69% from the beginning of April. In addition, the demand of downstream products industry is general, and inquiries for high price goods are rare. On the 21st, the price of NBR of Lanzhou Petrochemical Company decreased by 1400 yuan / ton, and the ex factory price of NBR n41 of Lanzhou Petrochemical Company was 18200 yuan / ton.

 

Future forecast: the cost side is lower, the demand side is weaker, and it is expected that the market price of NBR will continue to be weaker in the short term.

http://www.polyvinylalcohols.com

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