The market of polybutadiene rubber continued to fall this week (10.17-10.24). According to the monitoring of the business community, as of October 24, the price of cis-1,4-polybutadiene rubber in China was 12240 yuan/ton, down 4.38% from 12800 yuan/ton last Monday. On October 19, the factory price of two barrels of oil of butadiene rubber was lowered by 300 yuan/ton. According to the monitoring of the business community, as of October 24, the factory price of butadiene rubber of PetroChina Northeast Sales Company was reported at 12000 yuan/ton. As of the 24th day, the price of cis-12400 yuan/ton in the cis-1,4-polybutadiene rubber market and 11500-11900 yuan/ton in the mainstream of private cis-1,4-polybutadiene rubber market were offered by businesses with weak cost demand and preferential shipping.

The pressure on the supply side of cis polybutadiene rubber has eased slightly since October. In late October, the supply side of cis polybutadiene rubber was relatively tight, supporting cis polybutadiene rubber.

This week (10.17-10.24), the raw butadiene market declined slightly, and the support for the cost of cis polybutadiene rubber was weak. According to the monitoring of the business community, as of October 24, the price of butadiene was 7608 yuan/ton, down 1.95% from 7775 yuan/ton last Monday.

This week (10.17-10.24), the natural rubber market declined slightly, and the support for cis-1,4-polybutadiene rubber was weak. According to the monitoring of the business community, as of October 24, the price of natural rubber was 11720 yuan/ton, down 3.38% from 12130 yuan/ton last Monday.

The demand side is weak. The downstream tire enterprises started to decline in October, and the demand side is not supported by cis-1,4-polybutadiene rubber. In order to reduce risks, merchants often follow the sales and purchase.

Future market forecast: according to the analysts of the business community, the supply pressure of the butadiene rubber production chain has eased slightly at present, but the cost has declined, and the demand is light. It is expected that the butadiene rubber market will continue to operate weakly in the short term.