Trade name: styrene butadiene rubber 1502

Latest price (February 24): 12450 yuan / ton

Key points of analysis: according to the monitoring of business agency, the price of domestic styrene butadiene rubber was 12450 yuan / ton on Thursday, a slight decrease of 0.07% compared with the previous day. The start-up of styrene butadiene rubber plant decreased slightly, but the overall supply was sufficient; After the festival, the price of international crude oil and raw material butadiene / styrene rebounded, with cost support; On Thursday, the ex factory price of styrene butadiene rubber was stable, dominated by small market transactions, the traders’ offer was slightly adjusted, and the high styrene butadiene price was reduced. According to the monitoring of business agency, the mainstream offer in the domestic styrene butadiene rubber market was around 12200 ~ 12700 yuan / ton on the 24th.

Future forecast: on the one hand, the raw material butadiene is higher than that before the festival, on the other hand, the growth rate of downstream operation after the festival is not ideal, coupled with the sharp fluctuation of international crude oil, the price of styrene butadiene rubber is expected to fluctuate widely.