This week (7.24-7.31), the market of Nitrile rubber was weak. According to the commodity market analysis system of the business community, as of July 31, the price of Nitrile rubber was 13800 yuan/ton, a slight drop of 0.9% from 13925 yuan/ton last Monday. The price of raw material butadiene and acrylonitrile rose slightly, and the focus of Nitrile rubber cost moved up slightly; Downstream demand continues to be weak, and market transactions remain relatively flat. The ex factory price of Nitrile rubber enterprises is temporarily stable this week. At present, the mainstream report of the 3305 market of Lanhua nitrile in East China is 13200~13400 yuan/ton; The mainstream price of Nandi Nitrile 1052 is 15300-15500 yuan/ton; Sibur Nitrile 3365 mainstream reported 12300~12500 yuan/ton; Shunze nitrile 3355 mainstream reported at 13700~14000 yuan/ton.

This week (7.24-7.31), the prices of raw materials butadiene and acrylonitrile rose slightly, and the cost of Nitrile rubber rose slightly compared with the previous period. According to the Commodity Market Analysis System of Business Society, as of July 31st, the price of butadiene was 7201 yuan/ton, an increase of 3.34% from last Monday’s 6968 yuan/ton; As of July 31st, the price of acrylonitrile has increased by 1.25% from last Monday’s 8025 yuan/ton at 8125 yuan/ton.

Zhenjiang Nandi, Shunze, Alang and other Nitrile rubber plants operate normally; The 50000 t/a Nitrile rubber plant of Lanzhou Petrochemical was shut down for maintenance on June 14 and restarted in late July; The Jinpu Yingsa nitrile plant is scheduled to be shut down for maintenance in early August. On the whole, the supply of Nitrile rubber has increased slightly compared with the previous period, which has a certain impact on the market.

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

Future forecast: NBR analysts from the business community believe that the supply of Nitrile rubber is increasing slightly at present, and the downstream inquiries are general, so it is expected that the market of Nitrile rubber will continue to weaken and consolidate in the short term; In the later period, although Jinpu device will be shut down for maintenance, Lanhua nitrile device is planned to restart, and the overall supply pressure will increase slightly. If there is no significant increase in downstream demand, Nitrile rubber will still operate with weak vibration.