The market for butadiene rubber slightly declined in April. According to the Commodity Market Analysis System of Shengyishe, as of April 30th, the market price of butadiene rubber in East China was 13260 yuan/ton, a decrease of 2.57% from 13610 yuan/ton at the beginning of the month.

In April, the market price of butadiene remained high, while the cost center of butadiene rubber remained high; The overall load of butadiene rubber is not high, and the pressure on the supply side of butadiene rubber is not high; Downstream tire production has slightly declined from a high level, and demand has weakened in the face of rigid demand support for butadiene rubber. In addition, downstream resistance to high priced sources has led to a high level decline in butadiene rubber production. As of April 30th, the mainstream price of butadiene rubber market in East China is 13200-13400 yuan/ton.

In the first half of April, the domestic production of butadiene rubber slightly increased; In the second half of April, the domestic production of butadiene rubber slightly decreased, and as of the end of April, the production of butadiene rubber plants was around 55%.

In April, the price of butadiene remained high, and there is still strong support for the cost of butadiene rubber. According to the Commodity Market Analysis System of Shengyishe, as of April 30th, the price of butadiene was 11712 yuan/ton, an increase of 1.63% from 11525 yuan/ton at the beginning of the month.

Demand side: Downstream tire production has slightly weakened, weakening support for butadiene rubber. It is understood that as of the end of April, the operating load of semi steel tires in domestic tire enterprises was around 80%; The production of all steel tires by tire companies in Shandong region increased from 6.8% at the beginning of the month to around 7.1% in the middle of the month, and then continued to decline to 6.4% at the end of the month; Downstream customers tend to stock up on demand, resulting in lackluster market transactions.

Market forecast: Business Society analysts believe that the price of raw material butadiene is still at a high level, and the cost support for butadiene rubber is still strong; The overall production of butadiene rubber remains at a low level, and there are also plans for later maintenance and restart, resulting in variables in the supply of butadiene rubber; At present, downstream tire enterprises have experienced slight fluctuations in production, with the main support for the rigid demand of butadiene rubber. Overall, the butadiene rubber market may narrow down in the later stage under the support of cost and low production.