In the first half of May, the nitrile rubber market slightly fluctuated and declined. According to the Commodity Market Analysis System of the Business Society, as of May 15th, the price of nitrile rubber was 15750 yuan/ton, a decrease of 0.47% from 15825 yuan/ton at the beginning of the month, with a cycle high of 15950 yuan/ton. The price of raw material butadiene has decreased, the price of acrylonitrile has slightly increased, and the cost of nitrile rubber has fluctuated slightly; Downstream demand is weak, and market transactions are still relatively flat. The factory price of nitrile rubber enterprises was significantly increased in early May, and nitrile rubber merchants made a slight adjustment in their quotations. At present, the mainstream market price for Lanhua Nitrile 3305 in East China is 15400-15600 yuan/ton; Nandi Nitrile 1052 mainstream reported at 16900-17100 yuan/ton; The mainstream price of Sibul nitrile 3365 is 14900-15200 yuan/ton; Shunze nitrile 3355 mainstream reported 15100~15300 yuan/ton.

In the first half of May, the price of raw material butadiene decreased and the price of acrylonitrile increased, resulting in slight fluctuations in the cost of nitrile rubber. According to the Commodity Market Analysis System of Business Society, as of May 15th, the price of butadiene was 8281 yuan/ton, a decrease of 6.44% from 8851 yuan/ton at the beginning of the month; As of May 15th, the price of acrylonitrile has increased by 1.55% from 9662 yuan/ton at the beginning of the month to 9812 yuan/ton.

 
At present, the supply of nitrile rubber is basically stable. But there are maintenance plans for the later part of the second quarter.

Downstream rubber hose, automotive parts and other rubber product industries mainly have small inquiries and small transactions in the market.

Future Market Forecast: Business Society nitrile analysts believe that the current supply of nitrile rubber is loose, coupled with the insignificant increase in downstream inquiries, the nitrile rubber industry chain is currently in a weak situation; In the later stage, it is expected that nitrile rubber enterprises will have maintenance plans in the second quarter, which may alleviate supply pressure to some extent. It is expected that the nitrile rubber market will weaken and consolidate in the short term, and it is still necessary to pay attention to enterprise maintenance and demand trends.