This week (8.11-8.19), the market for butadiene rubber continued to rise slightly. According to the Commodity Market Analysis System of Business Society, as of August 19th, the price of butadiene rubber in East China was 11440 yuan/ton, an increase of 0.62% from last Friday’s 11370 yuan/ton. The price of raw material butadiene continues to rise slightly, and the cost support of cis-1,4-polybutadiene rubber continues to strengthen; This week, the supply price of butadiene rubber has temporarily stabilized, and merchant offers have fluctuated slightly.

This week (8.11-8.19), the construction of domestic butadiene rubber plants slightly decreased.

This week (8.11-8.19), the price of raw material butadiene continued to rebound, and the cost center of butadiene rubber continued to slightly increase. According to the Commodity Market Analysis System of Business Society, as of August 19th, the price of butadiene was 7613 yuan/ton, an increase of 0.83% from last Friday’s 7551 yuan/ton.

This week (8.11-8.19), the natural rubber market slightly declined, with a bearish impact on butadiene rubber. According to the Commodity Market Analysis System of Business Society, as of August 19th, the price of natural rubber was 11775 yuan/ton, a decrease of 1.01% from last Friday’s 11895 yuan/ton.

Recently, the tire operating rate has fluctuated slightly, with all steel tire operating slightly higher than at the beginning of the month, and half steel tire operating basically stable compared to the beginning of the month. The demand for rubber rigid support is stable. It is understood that as of mid August 2023, the operating load of rubber tire enterprises in Shandong Province is 6.4% for all steel tires and around 7.2% for half steel tires.

Future Market Forecast: Business Society analysts believe that the high raw material prices of butadiene rubber have support in terms of cost. This week, the production of butadiene rubber has slightly decreased, and the supply of butadiene rubber has slightly tightened; Downstream all steel tires slightly increased, slightly improving support for cis-1,4-polybutadiene rubber; In summary, it is expected that the price of butadiene rubber will be relatively strong in the short term, but if the price of natural rubber continues to be low in the later stage, it will be difficult for butadiene rubber to strengthen again.