In December, the market price of styrene butadiene rubber declined weakly

In December, the domestic styrene butadiene market declined weakly. According to the data monitoring of business agency, the price of butylbenzene 1502 was 13383 yuan / ton at the beginning of February and 12233 yuan / ton at the end of the month, down 8.59% from the beginning of the month.

 

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In December, the domestic styrene butadiene rubber started stably, the supply side was loose, and the merchant’s offer was loose. Later, the merchant’s offer fell with the decrease of the ex factory price of styrene butadiene manufacturers. Styrene butadiene rubber prices fell slightly. According to the monitoring of business agency, as of December 31, the ex factory price of Jihua / Fushun 1502 of PetroChina Northeast sales company was reported as 12100 yuan / ton.

 

List of styrene butadiene rubber commencement in December.

 

Styrene butadiene rubber enterprise Unit capacity start

Qilu Petrochemical 230000 T / A normal operation

Jilin Petrochemical 140000 T / A Three line operation

Yangzi Petrochemical 100000 t / A normal operation

Shenhua chemical 170000 T / A Three line operation

Lanzhou Petrochemical 150000t / A Three line operation

Fushun Petrochemical 200000 t / A Four line operation

Bridgestone 50000 / year normal operation

Zhejiang Weitai 100000 / year Two line operation

Hangzhou Yibang 100000 / year Two line operation

According to the business agency, the domestic styrene butadiene rubber enterprises basically operated normally in December, the construction started higher than that in November, and the supply side was loose.

 

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In December, the raw material butadiene fell sharply and styrene rose. Although the price of styrene rose, it was still low after rebounding this month due to the large decline in the early stage, and the cost was not supported by styrene butadiene rubber. According to the monitoring of business society, as of December 31, the price of butadiene was 4451 yuan / ton, down 27.26% from 6120 yuan / ton at the beginning of the month; As of December 31, the price of styrene was 8400 yuan / ton, up 7.87% from 7787 yuan / ton at the beginning of the month.

 

In December, the natural rubber market fluctuated and consolidated. The price at the beginning of the month was 13770 yuan / ton, the low point in the month was 132250 yuan / ton, and the price at the end of the month was 13748 yuan / ton, down 0.16% from the beginning of the month.

 

Future forecast: business analysts believe that the supply side is loose and the cost side support is weak. It is expected that the SBR will be weak in the later stage.

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