Trade name: nitrile rubber

Latest price (August 16): 22600 yuan / ton

Key points of analysis: according to the monitoring of business society, the price of domestic nitrile rubber was 22600 yuan / ton on the 16th, a slight increase of 0.44%. Raw butadiene has been at a high level since late July, and the cost support has weakened. According to the monitoring of business society, as of August 16, the price of butadiene was 10697 yuan / ton. In addition, the demand of downstream products industry is mainly stable, which has a certain support for nitrile rubber. According to the business agency, on the 16th, the mainstream of Lanhua nitrile 3308 in China was reported as 23000 yuan / ton, that of Nandi nitrile 1052 was reported as 22300 yuan / ton, and that of Russia 3365 was reported as 20100 yuan / ton.

Future forecast: the demand side is stable, but the cost side support is weaker. It is expected that the nitrile rubber market will be consolidated at a high level in the later stage.