1、 Price trend

According to the monitoring data of business agency, as of June 29th, 2021, the domestic reference price of EPDM 4045 was 26000.00 yuan / ton, which was the same as that of the previous working day, which was the same as that of last Tuesday, and fell 1.64% compared with May 28.

2、 Market analysis

After entering June, the trading price of EPDM market fell, and the price of Jihua 4045 EPDM was stable at 26000.00 yuan / ton on June 8; The price of ethylene propylene rubber market of Sinopec No.3 well 4045m, 3092pm, 3062em, 3110m and other specifications is stable at 25500.00 yuan / ton. The market trading atmosphere is flat, the quotation of intermediate traders is stable and the transaction is normal.

upper reaches:

According to the price map of business agency, after the Dragon Boat Festival, the propylene market in Shandong was sorted and operated, and the market transaction rose to between 7600 yuan and 7900 yuan / ton, and the mainstream price was about 7900 yuan / ton. The price of mainstream manufacturers remained unchanged, and the low-end prices increased. The propene market is expected to rise in the near future.

According to the monitoring data of business agency, the recent external market of ethylene market has risen, the demand of the whole ethylene market is good, the purchasing atmosphere is active, the transaction is good, and the center of ethylene market gradually moves up. The market is optimistic about crude oil market, and data analysts of business agency expect that the external price of ethylene will be mainly higher.

3、 Future forecast

The analysis of EPDM of business agency thinks: the current market transaction is stable, the upstream propylene cost is not strong driving force, and the ethylene market is up, which may affect the price of EPDM in a small extent; It is expected that the ethylene propylene rubber market will remain stable in the later period. It is suggested to pay attention to the dynamic of the device and the demand of downstream users.