SunSirs: China BR Market Fell slightly on October 26

https://www.chemnet.com   Oct 27,2022 SunSirs

　　According to the monitoring of SunSirs, as of October 26, the price of BR in China was 12,190 RMB/ ton, down 0.08% from the previous day; On October 26, the ex factory price of BR suppliers was stable; The price of raw butadiene was temporarily stable, and the offer of some merchants was slightly reduced by 50 RMB/ ton. The mainstream of domestic butadiene rubber market such as Qilu, Daqing and Yanshan reported 11,900-12,350 RMB/ ton; Private BR reported 11,500-11,900 RMB/ ton.

　　On one hand, the price of raw material butadiene is lower, and the cost support of BR is weaker; On the other hand, the downstream demand is sluggish, and China BR market is expected to continue to be weak in the short term.

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