This week (9.15-9.22), the nitrile rubber market rose first and then fell, with a high point falling back. According to the Commodity Market Analysis System of Business Society, as of September 22, the price of nitrile rubber was 15525 yuan/ton, a decrease of 0.80% from the high point of 15650 yuan/ton in the cycle, and remained unchanged on Friday. The prices of raw materials such as butadiene and acrylonitrile have slightly increased, while the cost of nitrile rubber has slightly increased; Downstream inquiries are often made on demand, resulting in relatively flat market transactions. Recently, nitrile rubber plants such as Jinpu and Arantai Rubber have restarted, and the market supply has slightly increased compared to the previous period. The overall stability of enterprise quotations and slight adjustments in merchant quotations. As of September 22, the mainstream market report for Lanhua Nitrile 3305 in East China was 15100~15300 yuan/ton; The mainstream price of Sibul nitrile 3365 is 14500~14700 yuan/ton; Shunze nitrile 3355 mainstream reported at 15900~16100 yuan/ton.

This week (September 15th to September 22nd), the prices of raw materials butadiene and acrylonitrile slightly increased, while the cost of nitrile rubber increased. According to the Commodity Market Analysis System of Business Society, as of September 22, the price of butadiene was 8747 yuan/ton, an increase of 1.01% from Friday’s 8660 yuan/ton; As of September 22nd, the price of acrylonitrile has increased by 1.21% from Monday’s 9300 yuan/ton at 9412 yuan/ton.

This week (9.15-9.22), the construction of domestic nitrile rubber plants is temporarily stable.

In the domestic nitrile rubber market, some brands have tight supply and strong prices, but downstream rubber product industries such as rubber hoses and automotive parts often purchase nitrile rubber on demand, resulting in a slightly stagnant trading atmosphere on the market.

Future forecast: Business Society nitrile analysts believe that the current supply of nitrile rubber is temporarily stable, and with the rise of nitrile prices, downstream inquiries are more on demand. It is expected that the nitrile rubber market will consolidate at a high level in the short term.