The CIS polybutadiene rubber market fell this week (7.8-7.15). According to the monitoring of business agency, as of July 15, the domestic CIS polybutadiene rubber price was 13940 yuan / ton, down 3.33% from 14420 yuan / ton last Friday. Downstream demand is sluggish, early maintenance devices are gradually restarted, cis-1,4-polybutadiene rubber supply is expected to increase, and the market is weak.

This week (7.8-7.15), the ex factory price of CIS polybutadiene rubber of domestic enterprises was reduced by 300 yuan / ton. According to the monitoring of business agency, as of July 15, the ex warehouse price of Qilu Shunding of Sinopec North China sales company was 13300 yuan / ton; The international crude oil price fell below $100 / barrel, intensifying the bearish atmosphere in the market; Wanda 50000 T / a Shunding plant was restarted, and Qixiang’s new 40000 t / a Shunding plant was planned to be put into production in the near future, raising the pressure on the supply side; In addition, the downstream construction was sluggish, and the market transaction was deadlocked, and the market offer of CIS polybutadiene rubber fell.

Butadiene prices rebounded slightly this week (7.8-7.15), and remained at a low level on the whole. The cost side continued to be weak. According to the monitoring of business news agency, as of July 15, the price of butadiene was 10292 yuan / ton, up 1.06% from 10184 yuan / ton last Friday.

The natural rubber market fell sharply, which had a negative impact on cis-1,4-polybutadiene rubber. According to the monitoring of business news agency, as of July 15, the price of natural rubber was 11970 yuan / ton, down 5.90% from 12720 yuan / ton last Friday.

The operation of downstream tires is low, with half steel tires around 60% and all steel tires below 60%. The demand is weak in the face of rubber support, and the market transaction is slightly deadlocked.

Aftermarket forecast: business analysts believe that the price of international crude oil and natural rubber has fallen sharply, the pressure on the supply side is expected to increase, and the market transaction is deadlocked. It is expected that the price of butadiene rubber will be weak in the short term.