Butadiene rubber supply and demand is expected to continue to develop in a good direction

For some time to come, butadiene rubber supply and demand is expected to continue to develop in a positive direction, but the market price Chonggao difficult to estimate, which will be blocked after a narrow range of fluctuation. The reasons are as follows:

First, the relationship between supply and demand continues to improve. October butadiene rubber is the traditional peak season for consumption, and the natural rubber market as a result of natural disasters caused by the lack of need for butadiene rubber market will have a material impact on consumer demand is expected to rise. Although the Daqing is expected to run at full capacity, Jinzhou resume production, but will stop Yue of the news and will increase the domestic supply is limited. On balance, therefore, the relationship between supply and demand will continue to develop in a positive direction.

Second, the market price of raw materials butadiene slowly decline will help BR production. As the Asian part of the butadiene plant will be the end of the maintenance, restoration of production, combined with ocean-going cargo quantitative added that in Asia, including China's domestic supply will increase in the supply situation will be eased, the domestic market will butadiene A slightly run down the situation.

The third is to support the market price of natural rubber. Typhoon "David" on August 26 landing areas in Hainan, the Hainan coincides with the tapping season, the production of rubber reclamation area suffered heavy losses, Hainan opened the reclamation area-wide tree tapping scrapped 4,770,000, breaking the backbone of 2,100,000, 13,050,000 Bandao trees, broken 31,340,000 main branch, the follow-up to a sudden drop in production is a fact. In less than for natural rubber will be required to support market prices higher again, experts predict that the "David" might lead to Hujiao historic breakthrough by the linkage, is also expected to be in the spot market to a new level.

As a result, the above-mentioned factors, such as took place without incident, is expected in the near future Chonggao butadiene rubber market will be hampered by fluctuations in a narrow range.