During the week (2.1-2.5), the price of NBR was mainly stable. According to the monitoring of business agency, the price of NBR was stable at 18866.67 yuan / ton this week, and 18266.67 yuan / ton at the weekend, with a price drop of 2.12%.

The ex factory price of NBR in China is basically stable. According to the monitoring of the business agency, as of February 5, the price of NBR in Lanzhou Petrochemical Company was stable: n41e was 15200 yuan / ton; 3305e was 16300 yuan / ton; 3308e was 16600 yuan / ton; the ex factory price of NBR in Ningbo shunze was stable, 3355 was 16500 yuan / ton. At present, the ex factory price of NBR is stable, and there is no market near the Spring Festival. The mainstream market of NBR n41e is 15600-15900 yuan / ton, and shunze 3355 is around 17000 yuan / ton.

The price of raw materials decreased slightly, and the cost did not support nitrile. According to the monitoring of the business association, as of February 5, the butadiene price was 6051 yuan / ton, down slightly by 0.08% compared with 6056 yuan / ton at the beginning of the week.

Finally, the operating rate of NBR downstream rubber products is low in the near future, the demand is cold near the Spring Festival, and there is little willingness to replenish more storage in the downstream, which weakens the support for NBR.

Future forecast: NBR analysts of business community believe that raw material prices are low, downstream demand is weak, and NBR is mainly weak and stable before the Spring Festival.