Recently (12.1-12.12), the nitrile rubber market has been weak and slightly declined. According to the Commodity Market Analysis System of Shengyishe, as of December 12th, the price of nitrile rubber was 14475 yuan/ton, a decrease of 1.36% from 14675 yuan/ton at the beginning of the month. The price of raw material butadiene has dropped significantly, while the price of acrylonitrile has slightly decreased, and the cost center of nitrile rubber has declined; The downstream gradually enters the low season in winter, with low inquiries and low market transactions. The overall price of nitrile rubber in the market is weakly adjusted. As of December 12th, the mainstream market price of Lanhua Nitrile 3305 in East China is 13500-13600 yuan/ton.

Recently (12.1-12.12), the price of raw material butadiene has dropped significantly, while the price of acrylonitrile has slightly decreased, resulting in a downward shift in the cost of nitrile rubber. According to the Commodity Market Analysis System of Business Society, as of December 12th, the price of butadiene was 8370 yuan/ton, a decrease of 8.27% from 9125 yuan/ton at the beginning of the month; As of December 12th, the price of acrylonitrile was 9862 yuan/ton, a decrease of 1.38% from 10000 yuan/ton at the beginning of the month.

Recently (12.1-12.12), the construction of domestic nitrile rubber plants has been generally stable.

The production of downstream nitrile rubber hoses in China continues to decline slightly to a low level of around 5.60%. Inquiries about nitrile rubber are cautious, and the trading atmosphere on the market is slightly stagnant, leading to a weakening of the nitrile rubber market.

Market forecast: Business Society nitrile analysts believe that currently, nitrile rubber plants are operating normally with relatively sufficient supply and weak downstream inquiries. In addition, the cost side is declining, and it is expected that the nitrile rubber market will be weak in the later stage.