This week (5.29-6.5), the nitrile rubber market was weak and fell. According to the Commodity Market Analysis System of Business Society, as of June 5th, the price of nitrile rubber was 14700 yuan/ton, a decrease of 5.01% from last Monday’s 15475 yuan/ton. The prices of raw materials such as butadiene and acrylonitrile have fallen, while the cost of nitrile rubber has declined; Downstream demand is weak, and market transactions are still relatively flat. This week, some companies have adjusted the factory prices of nitrile rubber. At present, the mainstream market price of Lanhua Nitrile 3305 in East China is 13800-14000 yuan/ton.

This week (5.22-5.29), the prices of raw materials such as butadiene and acrylonitrile decreased, and the cost of nitrile rubber decreased. According to the Commodity Market Analysis System of Business Society, as of June 5th, the price of butadiene was 6378 yuan/ton, a decrease of 10.66% from last Monday’s 7140 yuan/ton; As of June 5th, the price of acrylonitrile decreased by 10.89% from last Monday’s 9300 yuan/ton at 8287 yuan/ton.

 
At present, the supply of nitrile rubber is basically stable. However, there are rumors in the market that the Lanhua nitrile plant is scheduled for maintenance in mid June, and the supply of nitrile rubber may slightly tighten at that time.

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

Future forecast: Business Society nitrile analysts believe that the current supply of nitrile rubber is stable, coupled with the lack of significant downstream inquiry growth, and it is expected that the nitrile rubber industry chain will be in a weak situation in the short term, and the price of nitrile rubber will consolidate at a low level; In the later stage, if the nitrile rubber device is shut down for maintenance, the pressure on the nitrile rubber supply surface may be relieved to some extent, and there may be an upward trend for nitrile rubber in the later stage.