The market for butadiene styrene rubber rose in May. According to the commodity market analysis system of Shengyishe, as of May 31st, the price of butadiene benzene 1502 was 14000 yuan/ton, an increase of 4.35% from the beginning of the month’s 13416 yuan/ton.

In May, the production of butadiene styrene rubber units decreased, and the supply pressure was not high; Downstream all tire production slightly declined in late May, with on-demand inquiries for the butadiene styrene rubber market supported by rigid demand; The prices of raw materials such as butadiene and styrene have slightly increased, while the cost center of butadiene styrene rubber has slightly increased. The market for styrene butadiene rubber is supported by costs and supply, and the market is rising.

Part of the equipment has been operating under reduced load, and the production of butadiene styrene rubber in May has decreased from 6.2% at the beginning of the month to around 5.3% at the end of the month.

In May, the prices of butadiene and styrene raw materials for styrene butadiene rubber slightly increased, supporting the cost side of styrene butadiene rubber.

According to the Commodity Market Analysis System of Shengyishe, as of May 31st, the price of butadiene was 11875 yuan/ton, an increase of 1.39% from 11712 yuan/ton at the beginning of the month; As of May 31st, the price of styrene was 9683 yuan/ton, an increase of 1.61% from 9530 yuan/ton at the beginning of the month.

Demand side: Downstream tire production fluctuated slightly in May, with primary support for rigid demand for butadiene styrene rubber. It is understood that in May, the operating load of semi steel tires in domestic tire enterprises increased from 7.8% to around 7.9%; The operating load of all steel tires in Shandong tire enterprises increased from 6.4% at the beginning of the month to around 6.8% in the middle of the month, and decreased to around 6.6% at the end of the month. In May, downstream customers stocked up on demand, resulting in lackluster market transactions.

Market forecast: Business Society analysts believe that high prices of raw materials such as butadiene and styrene are supported by the cost of butadiene styrene rubber; The production of butadiene styrene rubber is at a low level, and the pressure on the supply side of butadiene styrene rubber is not high; At present, downstream tire production is stable with a slight consolidation, which provides strong support for the demand for butadiene styrene rubber. Overall, the butadiene styrene rubber market may experience a high consolidation in the later stage.