This week (1.30-2.6), the butadiene rubber market rose first, then fell, and rose overall. According to the monitoring of Business News Agency, as of February 6, the domestic price of cis-1,4-polybutadiene rubber was 11660 yuan/ton, up 1.48% from 11490 yuan/ton last Monday, and the highest point in the cycle was 11800 yuan/ton. After the festival, downstream inquiries increased a little, and the price of raw butadiene was high and strong, so cis-1,4-polybutadiene rubber enterprises were willing to increase the price. Within the week, cis-1,4-polybutadiene rubber suppliers increased the ex-factory price of cis-1,4-polybutadiene rubber by 300 yuan/ton. Buying sentiment weakened after the market price rose, and the offer of merchants fell slightly in the middle of the week. According to the monitoring of the Business News Agency, as of February 6, the ex-factory price of butadiene rubber of PetroChina Northeast Sales Company was reported at 11500 yuan/ton. As of the 6th, the mainstream market of butadiene rubber in Qilu, Yanshan, Yangzi, Dushanzi and Sichuan reported 10550~11800 yuan/ton, while the mainstream market of private butadiene rubber reported 11300~11400 yuan/ton.

This week (1.30-2.6), the price of raw butadiene continued to rise, and the cost of cis-1,4-polybutadiene rubber continued to rise. According to the monitoring of Business News Agency, the price of butadiene was 9432 yuan/ton as of February 6, up 4.57% from 9020 yuan/ton on January 30.

The natural rubber market fell sharply this week (1.30-2.6), which had a negative impact on cis-1,4-polybutadiene rubber. According to the monitoring of Business News Agency, the price of natural rubber was 12104 yuan/ton as of February 6, down 4.77% from 12710 yuan/ton last Friday.

Enquiries from some downstream product enterprises increased after the festival, which had a small support for cis-1,4-polybutadiene rubber; However, the commencement of tire enterprises is still at a low level, and the demand for polybutadiene rubber is weak; The negotiation of cis-1,4-polybutadiene rubber mainly focuses on small orders.

Future forecast: The analysts of the Business Agency believe that at present, the pressure on the supply side of polybutadiene rubber is still there, but the cost side is up. In addition, the start of downstream tires after the Lantern Festival may increase. It is expected that the polybutadiene rubber market will continue to rise slightly with the start of the downstream.