Business News Agency, May 17
1、 Price trend
According to the monitoring of the commodity market analysis system of the business agency, butyl rubber The market fell. As of May 17, the mainstream price of domestic butyl rubber (1751) was 17600 yuan/ton, down 260 yuan or 1.46% from last week, and 100 yuan/ton from April 17700 yuan/ton, down 0.56%.
2、 Market analysis
Cost side:
Cost side: The isobutene market fell this week. As of May 17, the mainstream price of isobutene (≥ 99, bulk water) in China was 12200 yuan/ton, down 25 yuan or 0.2% from last week. The overall international oil price fell in a narrow range, and the MTBE market price declined slightly. It is expected that the isobutene market will be weak in the near future.
Supply and demand:
On May 16, Shandong Chambroad Zhongju 50000 t/a butyl rubber plant was shut down for maintenance since May 16. The planned maintenance is about 30 days, and the supply is tight. The shipping pace of the downstream steel tire industry has slowed down significantly. On the whole, the circulation speed of the source of goods is average, the terminal demand recovers slowly, and the demand for raw materials and purchasing enthusiasm have significantly decreased.
3、 Future market forecast
The butyl rubber market has declined recently. From the cost perspective, the upstream isobutene market declined, and the cost side was negative. From the supply and demand side, the agency side is relatively tight for the overhaul of Chambroad Zhongju equipment, but the downstream is weak, and the enthusiasm for raw material procurement is significantly reduced. The negative cost side superimposes the downturn in demand, which is expected to be dominated by the weak butyl rubber market in the near future.
(Source: Business Association)
Safe, fast and guaranteed futures account opening on Sina cooperation platform
Massive information, accurate interpretation, all in Sina Finance APP
