Recently (9.28-10.11), the nitrile rubber market has been weak and slightly declining. According to the Commodity Market Analysis System of Business Society, as of October 11th, the price of nitrile rubber was 15725 yuan/ton, a decrease of 1.10% from 15900 yuan/ton before the holiday. The prices of raw materials such as butadiene and acrylonitrile have remained high, while the cost of nitrile rubber has remained basically stable; After the holiday, downstream inquiries were light and there were not many market transactions. The production enterprise’s quotation is temporarily stable.

Recently (9.28-10.11), the prices of raw materials butadiene and acrylonitrile have stabilized at high levels, and the cost of nitrile rubber has remained basically stable. According to the Commodity Market Analysis System of Business Society, as of October 11th, the price of butadiene was 8710 yuan/ton; As of October 11th, the price of acrylonitrile was 9825 yuan/ton.

Recently (9.28-10.11), the construction of domestic nitrile rubber plants has been temporarily stable.

In the domestic nitrile rubber market, some brands have sufficient supply of goods, and merchants have slightly lowered their offers. Downstream rubber product industries such as rubber hoses and automotive parts have started stable operations. After the holiday, inquiries for nitrile rubber are cautious, and the trading atmosphere on the market is slightly stagnant.

Future forecast: Business Society nitrile analysts believe that the current supply of nitrile rubber is relatively sufficient, and downstream inquiries are light. It is expected that the nitrile rubber market will be weak and consolidate in the short term.