Since October, the market of cis polybutadiene rubber has declined in a weak way. According to the monitoring of the business community, as of October 18, the price of cis-1,4-polybutadiene rubber in China was 12680 yuan/ton, down 2.61% from 13020 yuan/ton at the beginning of the month. Recently, the ex factory price of two barrels of oil of cis polybutadiene rubber has been reduced by 400 yuan/ton. According to the monitoring of the business community, as of October 18, the ex factory price of cis polybutadiene rubber of PetroChina Northeast Sales Company had been reported as 12300 yuan/ton. As of the 18th, the price of cis-12800 yuan/ton was quoted in the butadiene rubber market, and the private cis-11900 yuan/ton was quoted in the mainstream.

At present, the construction of domestic cis-1,4-polybutadiene rubber plant has declined slightly, and the supply has eased in the short term.

The pressure on the supply side of cis polybutadiene rubber has eased slightly since October. In late October, the supply side of cis polybutadiene rubber was relatively tight, supporting cis polybutadiene rubber.

Since October, the raw material butadiene market has declined slightly, and the cost of cis polybutadiene rubber is weak. According to the monitoring of the business community, as of October 18, the price of butadiene was 7760 yuan/ton, down 6.54% from 8303 yuan/ton at the beginning of the month.

Since October, the natural rubber market has declined slightly, and the support for cis-1,4-polybutadiene rubber is weak. According to the monitoring of the business community, as of October 18, the price of natural rubber was 11980 yuan/ton, down 2.68% from 12310 yuan/ton at the beginning of the month.

The demand side is weak. The downstream tire enterprises started to decline in October, and the demand side is not supported by cis-1,4-polybutadiene rubber. It is understood that in the first ten days of October, the domestic full steel tire operating rate was 58%, and the semi steel tire operating rate was 63%, a low decline.

Future market forecast: according to the analysts of the business community, the supply pressure of cis polybutadiene rubber production chain has eased slightly at present, but the cost has declined. It is expected that the price of cis polybutadiene rubber will fluctuate in a narrow range in the short term.