The domestic nitrile rubber market will continue t

In the near future, the domestic nitrile rubber market will continue to hover at high prices

production trends of domestic manufacturers

the nitrile rubber production unit of Lanzhou Petrochemical is now in normal operation. At present, the production brand is n41. The manufacturer has increased the ex factory quotation of each brand by 500 yuan/ton. At present, the quotation of n41 is about 21500 yuan/ton, and the quotation of N32 is 22000 yuan/ton. The manufacturer's external sales are normal, and the manufacturer's inventory is low

Zhenjiang Nandi nitrile unit is now in normal production, but there is a low level in the manufacturer's warehouse. The ex factory price of 1052 is now maintained at about 22000 yuan/ton, and the ex factory price of 1051 is still about 22600 yuan/ton. It is now normal for external sales. It is reported that the manufacturer will raise the ex factory price of each brand in the near future

domestic market dynamics

North China: the market quotation of Lanhua nitrile n41 and N32 is about 23000 yuan/ton; South Korea LG nitrile, 7150 market quotation is about 23500 yuan/ton, 7280 market quotation is about 21500 yuan/ton, 6240, 6250, 6280 market quotation is about 23000 yuan/ton, 6850 market quotation is about 23500 yuan/ton, 3250, 3280 market quotation is about 24000 yuan/ton; The market quotation of butyronitrile 18a in Russia is about 20500 yuan/ton, that of 26a and 33A is about 21200 yuan/ton, that of 40A is about 21500 yuan/ton, that of 18cm is about 20000 yuan/ton, that of 26cm is about 20500 yuan/ton, and that of 33cm is about 20600 yuan/ton; The market quotation of Bayer 3445 in Germany is about 29500 yuan/ton; The 35L market quotation of Jinhu, South Korea is about 22800 yuan/ton; Japan JSR nitrile N220 market reported about 25500 yuan/ton; The market quotation of Japanese ryon n41 is about 26000 yuan/ton; The market quotation of Nandi nitrile 1052 and 3365 is about 23500 yuan/ton, and the actual transaction price is slightly lower; The supply of goods in the market is tight, the demand of downstream manufacturers is rising, and the shipments of traders are in good condition. The market situation in North China market has remained at a high price for a period of time

East China: the market quotation of Lanhua nitrile n41 is about 22500 yuan/ton, and the market quotation of N32 is about 22800 yuan/ton; The mainstream quotation of lg6240 and 6250 in South Korea is about 22800 yuan/ton; South Korea Jinhu nitrile 35L market quotation between yuan/ton; The mainstream quotation of Russian nitrile rubber 26a market is about 21000 yuan/ton, and the mainstream quotation of 33A market is about 21000 yuan/ton; The market price of JSR nitrile rubber N220 and N240 in Japan is between yuan/ton, the market price of n230 is between yuan/ton, and the price of rayon n41 in Japan is about 26500 yuan/ton; Zhenjiang Nandi 1051, 4155 mainstream market quotation between yuan/ton; 1052, 3365 mainstream market quotation is about 23500 yuan/ton; The actual transaction price is slightly lower, the supply of goods in the market is in short supply, and the downstream demand has increased significantly. The tight supply of goods has limited the trading volume of the market

South China: the market quotation of Lanhua nitrile N32 is about 23000 yuan/ton, and the market quotation of n41 is about 23000 yuan/ton; The mainstream quotation of JSR nitrile rubber N220 in Japan is about 25000 yuan/ton, and the mainstream price of n230 and N240 in the market is about 24500 yuan/ton; The mainstream selling price of Japanese ryon 3350 and 3380 is between yuan/ton, and the market quotation of Japanese ryon n41 is more than 26500 yuan/ton; The quotation of LG nitrile rubber in South Korea remained at a high level, with the quotation of 3250 and 3280 being $2500/ton, and the quotation of 6240 and 6250 being mainly used for relevant testing of large tonnage metal and non-metallic mechanical materials such as steel bars, cement, concrete, castings, etc. the experimental price was $2300/ton, and the actual transaction price was slightly lower; The supply of goods in the market is still tight, and the shipments of traders are light

the upstream could start from one production line. The material market

crude oil

due to Reuters' report that OPEC may increase production, the international oil price fell on Monday. OPEC President hamili said in an interview with Reuters on Sunday that OPEC may increase oil supply because OPEC is worried about the impact of the current high oil price on the world economy, although it is not clear whether the market needs more oil. Benchmark crude oil futures in Europe and the United States fell sharply by 2% on Tuesday, the largest decline since this month, because there are signs of increased production in U.S. refineries and OPEC has sent a signal that it is willing to increase production when necessary. According to the report of the U.S. Department of energy, U.S. crude oil inventories decreased by 1.1 million barrels to 351million barrels last week. Among them, the inventory of Cushing City, where WTI delivered, decreased by 1.38 million barrels to 212.4 million barrels, the lowest since February 2002. Jamesritterbusch, President of ritterbuschassociates, an Illinois consulting firm, said: "in terms of percentage composition, the inventory in Cushing has fallen very seriously. This has driven up the crude oil price on Wednesday." As the US Department of energy reported that the operating rate of US refineries increased and gasoline inventories increased last week, international oil prices fell

butadiene

the external price of butadiene in Asia continued to remain stable this week, while the price of butadiene in the domestic market continued to decline, and manufacturers were under inventory pressure to varying degrees. In the middle of the week, Sinopec Shanghai sales branch and Guangzhou Branch continued to reduce the ex factory quotation of butadiene, with a decrease of 400 yuan/ton; Due to the low inventory of Panjin Ethylene, there is no sales pressure on butadiene for the time being, and the ex factory price in the early stage is too low, so the ex factory quotation of butadiene was increased by 300 yuan/ton at the beginning of the week. At present, the mainstream market price of butadiene in China is about yuan/ton. Although the butadiene units of Shanghai Jinshan petrochemical, Daqing Petrochemical and Liaoyang Petrochemical are still in the state of shutdown and maintenance, due to the sluggish downstream demand, domestic butadiene is still slightly in excess of demand, so it is expected that domestic butadiene will be consolidated at a low level next week

acrylonitrile

the acrylonitrile market in Asia is in tight supply, and there is no spot delivery in August/the first half of September. Due to the inability to bear the high cost of acrylonitrile, acrylic fiber manufacturers should purchase spot goods at least. Asahi Kasei, the largest acrylonitrile manufacturer in Asia, raised its price by $20 in August to $1780/ton CFR Far East. The price of acrylic fiber hovers at 2 It is estimated that the price will not stabilize in the next few weeks. An industry insider said that if Asian acrylonitrile manufacturers continue to raise the price of acrylonitrile, downstream acrylic fiber manufacturers will be forced to reduce their operations, affecting the long-term demand for acrylonitrile, which is not good. South Korea's Taekwang plans to shut down 250000 ton capacity units in Ulsan in September. Supply is expected to remain tight a week ago

main factors affecting the current nitrile market

upstream raw materials: international crude oil prices showed an upward trend this week. At the close of Friday, light crude oil futures in August on the New York Mercantile Exchange were $77.02 per barrel; The market price of butadiene was adjusted at a low level; The supply of acrylonitrile in Asia was tight this week, but the demand was good and the price remained firm

in addition to stealing manufacturers: Lanzhou Petrochemical nitrile rubber production unit is now in normal operation, the manufacturer produces n41, and the external sales are normal. The manufacturer increases the ex factory quotation, with amplitude modulation at 500 yuan/ton, n41 warehouse is low, and N32 is temporarily out of stock; Zhenjiang Nandi is under maintenance, has started production, normal external sales, low inventory, and the external ex factory quotation is now high. It is reported that the manufacturer will increase the external ex factory quotation of each brand

external quotation: the external quotation of nitrile rubber remained at a high level temporarily this week, and the quotation remained firm

downstream demand: affected by the rising prices of market participants, tight supply and other aspects, the mood of finding goods for nitrile rubber has increased, and traders' enthusiasm to reserve supply is also increasing, and the demand for nitrile rubber in the domestic market will increase

late prediction

the domestic nitrile rubber market is relatively stable this week, and the market price of domestic Lanhua nitrile rubber has increased correspondingly due to the impact of the increase in ex factory price. Domestic Nandi nitrile rubber has entered the normal production state, and it is reported that the manufacturer will raise the ex factory price of Nandi rubber again. At present, the overall supply of nitrile rubber in the domestic market is slightly tight. The imported nitrile rubber in some markets has been out of stock. The shortage of JSR, ryon n41 and Russia 26a is more prominent, but the overall situation is gradually stabilizing. However, at present, the tight supply situation is difficult to be alleviated in the short term, and the price of nitrile rubber in the corresponding domestic market will continue to consolidate at a high level for a period of time, Downstream enterprises' demand for nitrile rubber is increasing, and the market is in good condition. To sum up, the author believes that the domestic nitrile rubber market will continue to hover at high prices in the near future, supported by various favorable conditions, such as the increase in the factory quotation of domestic nitrile rubber, tight supply in the market, and increased downstream demand

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