Recently (8.15~8.28), the market for butadiene rubber has rebounded. According to the commodity market analysis system of Shengyi Society, as of August 28, the market price of butadiene rubber in East China was 15040 yuan/ton, an increase of 3.72% from 14500 yuan/ton on August 15. The price of raw material butadiene has risen slightly at a high level; Shunding rubber production has increased; Downstream tire production has slightly increased. The supply price of butadiene rubber has been gradually raised recently, and as of August 28th, the ex factory price of butadiene rubber for PetroChina Northeast Sales Company is 15000 yuan/ton.

Recently (8.15~8.28), the price of butadiene continued to rise slightly, and the cost center of butadiene rubber slightly increased. According to the Commodity Market Analysis System of Shengyi Society, as of August 28th, the price of butadiene was 12656 yuan/ton, an increase of 1.86% from 12425 yuan/ton on August 15th.

Recently (8.15~8.28), some of the preliminary maintenance equipment of domestic butadiene rubber plants has been restarted, and the overall production of butadiene rubber has slightly increased.

On the demand side: With the support of domestic policies to promote automobile consumption, the downstream tire industry has maintained a stable and positive trend, and the production of all steel tires has rebounded compared to the previous period. The demand is facing the urgent support of the butadiene rubber market. As of August 23rd, 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 5.8%.

Market forecast: From a fundamental perspective, analysts from Shengyi Society believe that the price of raw material butadiene will slightly increase, and the cost center of butadiene rubber will slightly rise; Shunding rubber production has slightly increased, with an expected increase in supply in the later stage; Recently, downstream tire companies have seen a slight rebound in production, which provides some support for Shunding Rubber. Overall, the Shunding Rubber market is mainly characterized by narrow fluctuations at high levels in the short term.