This week (7.18-7.25), the butadiene rubber market fell first and then rose, but the fundamentals are still weak. According to the monitoring of business agency, as of July 25, the domestic CIS polybutadiene rubber price was 13830 yuan / ton, down 0.79% from 13940 yuan / ton last Monday, and the low point in the week was 13790 yuan / ton. 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 and consolidated; On the one hand, the international crude oil price rebounded over the weekend, on the other hand, the narrow range fluctuation cost of butadiene was supported. The sales companies in Northeast, North and South China of CNPC raised the ex factory price of CIS polybutadiene rubber by 200 yuan / ton, driving the market rebound atmosphere.

Recently, the supply side has increased slightly, forming a certain pressure on the Shunding market.

Since July, butadiene market has fluctuated in a narrow range, and the cost of butadiene rubber has been temporarily stable in the short term. According to the monitoring of business news agency, as of July 25, the price of butadiene was 10260 yuan / ton, down 0.32% from 10292 yuan / ton last Monday.

The natural rubber market rebounded slightly, but the overall level is still low, with little support for cis-1,4-polybutadiene rubber. According to the monitoring of business news agency, as of July 25, the price of natural rubber was 12170 yuan / ton, up 0.89% from 12063 yuan / ton last Monday.

The operation of downstream tires is low, with half steel tires around 65% and all steel tires around 55%. The demand is weak in the face of rubber support, and the market transaction is slightly deadlocked.

Aftermarket forecast: business analysts believe that the fluctuation of international crude oil range, the low price of natural rubber, the increase of supply pressure and the deadlock of market transactions make it difficult to sustain the rebound in the butadiene rubber market. It is expected that the price of butadiene rubber will continue to decline weakly in the later period.