The market price of SBR rebounded slightly on June 23

Trade name: styrene butadiene rubber 1502

Latest price (June 23): 12558 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the domestic price of styrene butadiene rubber was 12558 yuan / ton on the 23rd, up 0.47% from the previous day. Recently, the price of natural rubber rebounded slightly, and the bad atmosphere weakened. Butadiene rose sharply, styrene stabilized, and cost support was strong. According to the monitoring of the business association, the butadiene price was 8827 yuan / ton on June 23, up 18.35% from 7458 yuan / ton at the beginning of the month; On June 23, the price of styrene was 8912 yuan / ton, down 7.80% from 9666 yuan / ton at the beginning of the month, and up 2.30% from 8712 yuan / ton at the beginning of the week. The butylbenzene units of Yibang and Jihua were overhauled, which relieved the pressure of butylbenzene supply.

Future forecast: since April, butylbenzene has fallen sharply, some bad risks have been released, butadiene has risen sharply, and the unit maintenance of Yibang / Jihua has relieved the pressure on butylbenzene supply. Overall, SBR is expected to stabilize in the short term.

PVA