Recently (12.23-12.31), the market price of Shunding rubber has slightly declined. According to the commodity market analysis system of Shengyi Society, as of December 31, the market price of Shunding rubber in East China was 13720 yuan/ton, a decrease of 1.01% from 13860 yuan/ton on December 23. The price of raw material butadiene has been adjusted narrowly, and the cost of butadiene rubber still has support; The production of butadiene rubber remains at a high level of nearly 80%, and the pressure on the supply side has increased; Downstream tire production is steadily consolidating. Recently, the supply prices of Shunding rubber suppliers have been lowered, and the quotes from merchants have been slightly adjusted. As of December 31, the mainstream quotes for Shunding in Qilu, Daqing, Sichuan, and Yangtze regions in East China were 13650-13850 yuan/ton.

Recently (12.23-12.31), the price of butadiene has slightly adjusted, and the cost of butadiene rubber is supported. According to the Commodity Market Analysis System of Shengyi Society, as of December 31, the price of butadiene was 10800 yuan/ton, a decrease of 0.35% from 10837 yuan/ton on December 23, with a peak of 10862 yuan/ton during the cycle.

Recently (12.23-12.31), there has been a slight fluctuation in the construction of domestic butadiene rubber plants, with overall construction around 7.7%.

Demand side: Downstream tires mainly provide essential support for the butadiene rubber market. As of December 27th, the operating load of semi steel tires in domestic tire enterprises is around 7.9%; The construction of all steel tires by tire enterprises in Shandong region has slightly increased to around 6.20% of the load.

Market forecast: From a fundamental perspective, analysts from Shengyi Society believe that the price of raw material butadiene will slightly adjust, and the cost of butadiene rubber will be supported; Recently, downstream construction has been stable with slight adjustments, providing support for the rigid demand of butadiene rubber; However, the production of butadiene rubber has remained close to 80%, putting pressure on the supp

ly side. Overall, the butadiene rubber market is expected to fluctuate within a certain range in the short term.