In May, the market price of NBR declined slightly. According to the monitoring of business society, the price of NBR was 21166 yuan / ton at the beginning of the month and 20800 yuan / ton at the end of the month. At the end of the month as a whole, it fell by 1.73% compared with the beginning of the month.

Although there was little pressure on the supply side of NBR in China, and the price of NBR in Lanhua increased slightly, the demand side was still weak, and the market price of NBR fell in May. It is understood that the 15000 ton nitrile unit of Lanhua in China has been under maintenance in May, and the normal operation started at the end of this month. The pressure of nitrile supply in the market is not big, which has a certain support for the price of nitrile. In May, the ex factory price of domestic Lanhua nitrile also slightly increased by 200 yuan / ton. According to the monitoring of business agency, as of May 31, Lanzhou Petrochemical n41e reported 17900 yuan / ton, 3305e reported 19000 yuan / ton, 3308e reported 19900 yuan / ton. In May, India made a final anti-dumping decision on China related NBR, and the export market of NBR was slightly hindered. In addition, the low demand of domestic environmental protection inspection for some downstream construction was weak, and the main offer of some merchants was lowered at the beginning of the month.

The price of raw materials has risen substantially, and the cost has a certain support. According to the monitoring of the business association, the price of butadiene was 6787 yuan / ton at the beginning of the month and 7378 yuan / ton at the end of the month, with an overall increase of 8.71%.

Future forecast: NBR analysts of the business community believe that the overall pressure on the supply side of NBR is not big at present, and the cost side is rising significantly, so it is expected that NBR will rise slightly in the future.