The rise of cis-1,4-polybutadiene rubber narrowed in March. According to the monitoring of the business agency, the price of cis-1,4-polybutadiene rubber was 13000 yuan / ton at the beginning of March and 13575 yuan / ton at the end of the month, with an overall increase of 4.42% at the end of the month compared with the beginning of the month. In March, the price of cis-1,4-polybutadiene rubber increased by 300 yuan / ton. As of March 31, the price of cis-1,4-polybutadiene rubber of Sinopec North China sales company was stable. At present, Qilu cis-1,4-polybutadiene rubber reported 13700 yuan / ton, and North China warehouse raised the price; Yanshan cis-1,4-polybutadiene rubber reported 13620 yuan / ton, and North China warehouse raised the price.

In March, the demand for cis-1,4-polybutadiene rubber increased, and the operating rate of downstream tire factories increased greatly. The operating rate of all steel tire enterprises increased from 58.73% at the end of February to 78% at the end of March, and that of semi steel tire enterprises increased from 4.66% at the end of February to 73% at the end of March, which was strongly supported by the demand.

The supply of cis-1,4-polybutadiene rubber decreased in March. According to the business news agency, on March 15, Maoming Petrochemical’s 100000 t / a Shunding unit stopped unexpectedly and its restart was to be determined; on March 22, Jinzhou Petrochemical’s 30000 T / a Shunding unit stopped temporarily for about 20 days; Qilu Petrochemical, Dushanzi, Yanshan, ChuanHua and other Shunding units started normal operation. In March, the supply of cis-1,4-polybutadiene rubber was slightly tight, forming a positive support for cis-1,4-polybutadiene rubber.

In March, the price of butadiene, the raw material of cis-1,4-butadiene, fell, and the cost side was short. According to the monitoring of business news agency, the price of butadiene was 8368 yuan / ton at the beginning of the month and 7860 yuan / ton at the end of the month, with an overall decrease of 6.08%.

In March, the supply and demand side of cis-1,4-polybutadiene rubber was still relatively strong. However, due to the impact of the decline of raw materials and the resistance of the downstream to high prices, businesses took profits and the growth of cis-1,4-polybutadiene rubber narrowed.

Future forecast: business analysts believe that the current international crude oil is facing the top of periodic demand, it is difficult for the demand to increase significantly in the short term, or there is a downward trend, and the impact of the cost side is short; however, the current supply side of cis-1,4-polybutadiene rubber is reduced compared with the previous period, and some manufacturers also have maintenance plans in April and may. On the whole, the pressure on the supply side of cis-1,4-polybutadiene rubber is not big, and it is expected that cis-1,4-polybutadiene rubber will be stable in In the later stage, if the maintenance efforts of enterprises increase, cis-1,4-polybutadiene rubber will still rise.