First, the price trend

Recently, the butadiene market is firm. Business community monitoring showed that as of August 29, the price of butadiene was 13,470 yuan / ton, and the price rose by 29.26%.

Second, the analysis of influencing factors

Products: Domestic butadiene market price is firm, the spot supply in the market is in short supply, some Shandong private enterprises offer 14100 yuan / ton, most of the downstream enquiries are just needed, the overall trading atmosphere remains stable. The market price of butadiene in Shandong is firm, and some private enterprises offer 14100 yuan/ton. The spot supply in the market is in short supply, and the downstream maintenance just needs inquiry. The spot supply of butadiene in East China is still in short supply. It is heard that the sales volume of Sinopec’s supply is less. The merchants refer to the offer price in North China, and the downstream enquiries are mostly just needed. Asian butadiene closing price, FOB Korea average price of 1749 US dollars / ton; CFR China average price of 1748.5 US dollars / ton.

Industry chain: downstream, styrene-butadiene rubber: Although Hujiao is not good, but due to the strong product of the related products, and because of the cost support, the styrene-butadiene rubber market offer was slightly driven, narrowly increased. However, the inquiry was flat and the actual transaction was average. Butadiene rubber, the domestic butadiene rubber market fluctuated at a high level. Most of the market’s offer is at the price of 15,000 yuan / ton, and the low intention is not high. Sporadic buyers entered the market for enquiries, but they were in conflict with the high-end sources, and the actual volume was small. SBS: Domestic SBS market oil glue, dry rubber roads are narrowly adjusted, and downstream purchases are on demand.

On August 13, the rare earth index was 348 points, which was the same as yesterday, which was 65.20% lower than the highest point in the cycle (2011-12-06), which was 28.41% higher than the lowest point of 271 points on September 13, 2015. (Note: Cycle refers to 2011-12-01 to date)

The average price of metal lanthanum in rare earth metals is 407,500 yuan / ton; the average price of metal bismuth is 1.625 million yuan / ton; the average price of metal bismuth is 660,000 yuan / ton. The average price of lanthanum oxide in rare earth oxides is 322,500 yuan / ton; the average price of cerium oxide is 1,415,500 yuan / ton; the average price of cerium oxide is 410,000 yuan / ton; the average price of cerium oxide is 316,500 yuan / ton. The average price of niobium alloy in rare earth alloy is 41,250 yuan/ton; the average price of niobium-iron alloy is 1.15 million yuan/ton.

Recently, the index of rare earth mining has been released, with a total volume of 120,000 tons, an increase of 15,000 tons compared with 2017. However, domestic rare earth prices have been stable, and most rare earth separation enterprises have stopped production, resulting in a decline in supply, especially some mainstream rare earth oxides. However, the downstream receiving goods are not active, which is due to the low season of rare earth industry sales, and the prices of domestic rare earth products fluctuate at a low level. Recently, the number of buyers has been reduced accordingly, and the transaction volume is very limited. The major manufacturers of products are also cautiously waiting to see each other. The mutual inquiry has become more frequent. The downstream receiving goods are not actively leading to the low price of some rare earth products. The division expects that some products in the rare earth market may go down, but the price of rare earth is already at the bottom, and the space for the decline is limited.

On August 6, the rare earth index was 349 points, which was the same as yesterday, which was 65.10% lower than the highest point in the cycle (2011-12-06), which was 28.78% higher than the lowest point of 271 points on September 13, 2015. (Note: Cycle refers to 2011-12-01 to date)

The average price of metal lanthanum in rare earth metals is 407,500 yuan / ton; the average price of metal bismuth is 1.625 million yuan / ton; the average price of metal bismuth is 660,000 yuan / ton. The average price of lanthanum oxide in rare earth oxide is 324,000 yuan/ton; the average price of cerium oxide is 1.145 million yuan/ton; the average price of cerium oxide is 410,000 yuan/ton; the average price of cerium oxide is 316,500 yuan/ton. The average price of niobium alloy in rare earth alloy is 415,000 yuan/ton; the average price of niobium iron alloy is 1.17 million yuan/ton.

Recently, the index of rare earth mining has been released, with a total volume of 120,000 tons, an increase of 15,000 tons compared with 2017. However, domestic rare earth prices have been stable, and most rare earth separation enterprises have stopped production, resulting in a decline in supply, especially some mainstream rare earth oxides. However, the downstream receiving goods are not active, which is due to the low season of rare earth industry sales, and the prices of domestic rare earth products fluctuate at a low level. Recently, the number of buyers has been reduced accordingly, and the transaction volume is very limited. The major manufacturers of products are also cautiously waiting to see each other. The mutual inquiry has become more frequent. The downstream receiving goods are not actively leading to the low price of some rare earth products. The division expects that some products in the rare earth market may go down, but the price of rare earth is already at the bottom, and the space for the decline is limited.