This week (8.2-8.9), the polybutadiene rubber market was weak. According to the monitoring of business news agency, as of August 9, the domestic price of polybutadiene rubber was 12930 yuan / ton, down 6.24% from 13790 yuan / ton last Tuesday. The downstream demand is sluggish, the early maintenance equipment is gradually restarted, the supply side of polybutadiene rubber is expected to increase, and the market is weak; The international crude oil price fluctuated, the butadiene price dropped significantly, and the cost was weak. The petrochemical sales company significantly reduced the ex factory price of cis-butadiene rubber. As of September 9, the ex factory price of Qilu cis-butadiene of Sinopec North China sales company was 12600 yuan / ton.

At present, the domestic CIS polybutadiene rubber plant is operating at a high level. The 30000 T / a high CIS polybutadiene rubber plant of Jinzhou Petrochemical operates at a high load. In August, the planned output of CIS polybutadiene is around 3600 tons; The 160000 T / a new and old gaoshun CIS butadiene rubber plant of Daqing Petrochemical operates under high load. In August, the planned output of CIS butadiene is around 12800 tons; Dushanzi Petrochemical’s 30000 T / a high CIS polybutadiene rubber unit operates under high load. In August, the planned output of CIS polybutadiene rubber is around 3250 tons. In addition, the 170000 T / a Shunding unit of Maoming Petrochemical and Qilu Petrochemical is planned to be restarted in August, and the 40000 t / a new unit of qixiangteng is expected to be put into operation. The output of Shunding is expected to increase in August, and the supply side is expected to continue to be loose.

Since August, the butadiene market has fallen sharply, and the cost of cis-polybutadiene rubber has weakened significantly. According to the monitoring of business agency, as of August 9, the price of butadiene was 8318 yuan / ton, down 11.09% from 9356 yuan / ton at the beginning of the month.

The natural rubber market fluctuates and rises slightly, but the overall level is still low, and the support for cis-polybutadiene rubber is not strong. According to the monitoring of business agency, as of August 9, the price of natural rubber was 12310 yuan / ton, up 0.57% from 12240 yuan / ton at the beginning of the month.

The downstream tire starts at a low level, with the half steel tire starting at around 6.5% and the full steel tire starting at around 5.5%. The demand is weak in the face of rubber support, and the market transaction is slightly deadlocked.

Future forecast: business analysts believe that the international crude oil range fluctuates, the natural rubber price hovers at a low level, the pressure on the supply side increases, and the market transaction is deadlocked. It is expected that the price of polybutadiene rubber will continue to be weak and low in the later period.