The hottest styrene butadiene rubber market surged

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The market of styrene butadiene rubber is surging, and all links are actively purchasing in the first ten days of February.

in February, the market price of styrene butadiene rubber has risen all the way due to the rising price of main raw materials, the record high natural rubber market, the continuous rise of manufacturers, and the momentum of intermediaries. It was not until the market foam gradually squeezed out at the end of the month that the market fell

in the first ten days of February, all links were actively purchased. In addition, the raw material market continued to improve and the natural rubber market hit new highs. Manufacturers increased their quotations one after another, and the market rose rapidly, realizing a good start in the off-season. In mid February, due to the tight price of goods in the main raw material market, which ranked first among all kinds of packaging materials. 12. Range [range], the market speculation atmosphere further heated up, and the market price was much higher than the ex factory price, creating the largest price difference between the two in recent years. Manufacturers pushed up their quotations one after another. However, the fluctuation of the crude oil market and the natural rubber market cooled the thermal expansion market a little, However, the growth rate of consumer demand in the downstream processing industry has been far lower than market expectations, and the traders' operation strategy has also changed from a large number of purchases to import and export at the same time. The market quotation is chaotic, and the strong upward momentum has converged at the end of the middle of the year. In late February, although the main raw material market rose sharply, and individual manufacturers also took the opportunity to increase their quotations, the market was blocked by rising prices, which reflected a flat response. The natural rubber market continued to fluctuate, and the downstream consumer demand was in a seasonal off-season, which affected the mentality of market participants. Dealers accelerated the speed of shipment, the downstream processing industry received goods negatively, the market transaction was not close to expectations, and markets all over the country fell back to varying degrees, By the end of the month, the quotation of rosin gum was 15200 ~ 15700 yuan/ton, and the quotation of oil filled gum was 12600 ~ 13000 yuan/ton

although the high volatility of the energy market will bring some destabilizing factors to the styrene butadiene rubber market, and the situation of tight prices in the main raw material market has formed a strong support for styrene butadiene rubber. Although the high level consolidation of the natural rubber market has a certain impact on the mentality of market participants but the selection of industrial control computers, due to the large price difference with styrene butadiene rubber, the mutual linkage has been weakened. In March, the downstream processing industry began to warm up to prepare for the subsequent peak demand season, and the overall consumer demand will increase. After short-term inventory digestion and consolidation, the market is expected to continue to rise

note: this reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its contents due to the small or unstable workpiece

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