Recently (3.1-3.11), the market for nitrile rubber has slightly increased. According to the Commodity Market Analysis System of Business Society, as of March 11th, the price of nitrile rubber was 15400 yuan/ton, an increase of 1.15% from 15225 yuan/ton on the 1st. The prices of raw materials such as butadiene and acrylonitrile have risen, and the cost of nitrile rubber continues to support it; After the holiday, downstream rework occurred, and the production of the rubber hose industry gradually increased to around 60%. The demand for nitrile rubber is still supported. The inventory pressure of nitrile rubber enterprises is average, and the market price of nitrile rubber has slightly increased.

Recently (3.1-3.11), the prices of raw materials such as butadiene and bin washing have increased, and the cost of nitrile rubber continues to support. According to the Commodity Market Analysis System of Business Society, as of March 11th, the price of butadiene was 11532 yuan/ton, an increase of 3.94% from 11095 yuan/ton on the first day; As of March 11th, the price of acrylonitrile was 9637 yuan/ton, an increase of 1.31% from 19512 yuan/ton on the 1st.

Recently (3.1-3.11), the domestic nitrile rubber plant has been operating steadily overall.

After the holiday, the production of downstream industries such as nitrile rubber hoses and insulation foam in China has gradually increased to around 60%. The demand for nitrile rubber has some support in the market, but downstream inquiries for high-level goods are cautious, and market transactions are flat.

Market forecast: Business Society nitrile analyst believes that currently, nitrile rubber is supported by the rising cost of butadiene prices, and on the other hand, although downstream production is gradually increasing, it is still at a low level overall. This will provide some support for nitrile rubber in the short term, and it is expected to fluctuate with the nitrile rubber market in the later period.