Recently (10.11-10.20), the spot market for butadiene rubber has been weak and declining. According to the Commodity Market Analysis System of Business Society, as of October 20th, the market price of butadiene rubber in East China was 12740 yuan/ton, a decrease of 0.86% from 12850 yuan/ton on the 11th. During the cycle, the factory price of butadiene rubber will be reduced by 200 yuan/ton.

The price of raw material butadiene has risen, and the cost of butadiene rubber continues to support. The pressure on the supply side of butadiene rubber has increased, coupled with the lack of downstream inquiries after the holiday, causing a downward pressure on the butadiene rubber market. As of October 20th, the mainstream domestic butadiene rubber market reported a price of 12000~12800 yuan/ton.

Industry construction has slightly increased, and pressure on the supply side of butadiene rubber has increased.

Recently (10.11-10.20), the butadiene market has risen, and there is still some support for the cost of cis-1,4-polybutadiene rubber. According to the Commodity Market Analysis System of Business Society, as of October 20th, the price of butadiene was 9137 yuan/ton, an increase of 4.91% from 8710 yuan/ton on the 11th.

Demand side: Tire production fluctuates slightly, while rubber inquiries are relatively light. It is understood that as of mid October, the operating load of semi steel tires in China was 7.3%; The operating load of all steel tires for tire enterprises in Shandong region is 6.4%, which only maintains rigid support for rubber.

Future Market Forecast: Business Society analysts believe that the rising prices of butadiene rubber raw materials and increasing supply pressure on butadiene rubber will result in fewer downstream inquiries after the holiday. It is expected that the spot market of butadiene rubber will show a weak and volatile trend in the short term.