Recently (9.10~9.18), the market price of Shunding rubber has risen. According to the commodity market analysis system of Shengyi Society, as of September 18, the market price of Shunding rubber in East China was 16020 yuan/ton, an increase of 3.96% from 15410 yuan/ton on September 10. The price of raw material butadiene continues to rise, and the cost is supported by butadiene rubber; Shunding rubber production is still at a low level; The downstream tire production is generally stable. Some suppliers of Shunding rubber have raised their supply prices, and some merchants have followed suit with their offers.

Recently, the price of butadiene has risen, providing support for the cost of butadiene rubber. According to the Commodity Market Analysis System of Shengyi Society, as of September 18th, the price of butadiene was 13550 yuan/ton, an increase of 4.73% from 12937 yuan/ton on September 10th.

Recently (9.10-9.18), the overall operation of domestic butadiene rubber plants is still at a low level, and the pressure on the supply side of butadiene rubber is not significant.

On the demand side: With the support of domestic policies to promote automobile consumption, the downstream tire industry has maintained stable production, and the demand is facing the urgent support of the butadiene rubber market. As of September 6th, the operating load of semi steel tires in domestic tire enterprises is around 7.9%; The operating load of all steel tires in tire enterprises in Shandong region is about 5.9%.

Market forecast: From a fundamental perspective, analysts from Shengyi Society believe that the price of raw material butadiene will rise, and the cost center of butadiene rubber will shift upwards; Shunding rubber production remains at a low level, with little pressure on the supply side; Recently, downstream tire companies have started production steadily, which provides some support for Shunding Rubber. Overall, the Shunding Rubber market is expected to maintain a high level of operation in the short term.