This week (2.10-217), the nitrile rubber market was in a narrow range. According to the monitoring of Business News Agency, as of February 17, the price of nitrile rubber was 17350 yuan/ton, up 0.14% from 17325 yuan/ton last Friday, and the weekly low was 17300 yuan/ton. The price of raw materials continues to maintain a high level, and the factory price of nitrile rubber of enterprises is firm. However, as the price of nitrile rubber rises, the fear of high prices in the downstream increases, and the market consolidates in a narrow range.

This week (2.10-217), the price of raw materials butadiene and acrylonitrile fell but remained high, and the cost of nitrile rubber continued to support. As of February 17, the price of butadiene was 9868 yuan/ton, up 3.68% from 9518 yuan/ton on February 10; As of February 17, the price of acrylonitrile was 10550 yuan/ton, down 2.31% from 10800 yuan/ton on Friday.

The supply of nitrile rubber is basically stable.

After the festival, the downstream rubber products industry, such as rubber hose and auto parts, is dominated by small inquiries, with a small number of transactions in the market.

Aftermarket forecast: NBR analysts of the Business Agency believe that the supply of NBR is temporarily stable, and the cost of raw materials butadiene and acrylonitrile continues to support the high level of NBR; In the later stage, with the continued recovery of downstream construction, nitrile rubber may rise again in the later stage.