Recently (from May 1st to May 23rd), the market price of butadiene rubber has slightly increased. According to the commodity market analysis system of Business Society, as of May 23rd, the price of butadiene rubber in the East China region was 13260 yuan/ton, an increase of 1.41% from 13450 yuan/ton on April 22nd. The high price of raw material butadiene has fallen, and the cost support for butadiene rubber has weakened; The production of butadiene rubber remains at a low level; Downstream production of all steel tires has slightly increased, with on-demand procurement of butadiene rubber, resulting in a slight increase in the price of butadiene rubber.

Recently (from May 1st to May 23rd), the high price of butadiene has fallen, and the cost support for butadiene rubber has slightly weakened. According to the Commodity Market Analysis System of Business Society, as of May 23, the price of butadiene was 11150 yuan/ton, a decrease of 4.80% from 11712 yuan/ton on May 1.

Recently (from May 1st to May 23rd), multiple sets of butadiene rubber plants have been shut down for maintenance. As of late May, the production of butadiene rubber in China has dropped to around 45%.

Demand side: In the near future (5.1-5.23), downstream tire production has slightly increased, providing rigid support for butadiene rubber. It is understood that as of mid May, the operating load of semi steel tires in domestic tire enterprises was around 790%; The operating load of all steel tires in Shandong tire enterprises has slightly increased to 6.80%; Downstream suppliers tend to stock up on demand for polybutadiene rubber.

Market forecast: From a fundamental perspective, analysts from Business Society believe that the price of raw material butadiene will slightly decrease, and the cost support for butadiene rubber will slightly weaken compared to the previous period; The production of butadiene rubber has once again declined, and the market supply is tight; Currently, downstream tire companies have seen a slight increase in production, providing strong support for the demand for butadiene rubber. Overall, the butadiene rubber market has remained strong in the near future under low production support.