Trade name: styrene butadiene rubber 1502

Latest price (May 19): 13150 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the domestic price of styrene butadiene rubber was 13150 yuan / ton on the 19th, down 1.07% compared with the previous day. Since last week, the price of natural rubber has fallen sharply again, which is bad for the whole rubber market. According to the business news agency, as of May 19, the price of natural rubber was 12802 yuan / ton, down 8.82% from the price on May 10. On May 19, the ex factory price of PetroChina’s butylbenzene was reduced by 300-500 yuan / ton, and the business offer declined accordingly. As of May 19, the price of butylbenzene in Jilin Petrochemical Co., Ltd. of PetroChina’s Northeast sales branch was 13000 yuan / ton, and the Northeast warehouse raised the price.

Future forecast: Although the price of styrene is strong and the cost side has some support, the bad effect of natural rubber is strong; In addition, Yangzi, Fushun and other styrene butadiene rubber plants plan to restart, the pressure on the supply side increases, and it is expected that styrene butadiene rubber will continue to be weak in the later period.