In March, the domestic Shunding market rose slightly. According to the data monitoring of business agency, as of March 31, the price of CIS polybutadiene rubber was 14200 yuan / ton, up 3.80% from 13680 yuan / ton at the beginning of the month.

The price of raw butadiene rose sharply, with strong cost support. In addition, partial load reduction and parking of cis-polybutadiene rubber enterprises have tightened the supply side, which has a beneficial impact on cis-polybutadiene rubber and promoted the price of cis-polybutadiene rubber upward; However, the increase of downstream demand is not obvious, and the upward range of Shunding is restricted to some extent.

In March, the raw material butadiene rose sharply, and the cost was supported by CIS polybutadiene rubber. Butadiene plants abroad have entered the maintenance season, and the tight market supply continues to push butadiene to a high level. According to the monitoring of business society, as of March 31, the price of butadiene was 10708 yuan / ton, up 28.02% from 8365 yuan / ton at the beginning of the month.

The natural rubber market was weak and volatile in March. As of March 31, the price was 13190 yuan / ton, up 1.00% from 13060 yuan / ton at the beginning of the month; During the month, the high point was 13480 yuan / ton and the low point was 12780 yuan / ton.

The operating rate of downstream tires is differentiated, and the operation of semi steel tires has increased significantly, but the operation of all steel tires has been depressed. It is understood that the operating rate of domestic semi steel tire production line closed at 72.2%, while the operating rate of all steel tire production line closed at 56.6%. In addition, according to the data of the General Administration of customs, 35.05 million new pneumatic rubber tires were exported in February 2022, a year-on-year decrease of 15.6%; From January to February 2022, 90.37 million new pneumatic rubber tires were exported, a year-on-year decrease of 0.6%.

Future forecast: business analysts believe that the easing of supply pressure and the sharp rise of cost support cis-polybutadiene rubber, but the demand is weak. It is expected that the price of cis-polybutadiene rubber will fluctuate and consolidate at a high level in the later stage.