The market price of styrene butadiene rubber reached a new high repeatedly. It is expected that the styrene butadiene rubber market will fall into stickiness after peaking in the first ten days of June.
in May, the styrene butadiene rubber market continued the upward trend in April, and the price reached a new high repeatedly. " After the May Day holiday, the tight supply situation in the styrene butadiene rubber market has not been alleviated. In addition, the rapid rise of the natural rubber market has greatly boosted market sentiment, supported the psychology of market participants, and the market trading is very active. Although the downstream processing industry has taken measures to limit production or even stop production for the rising raw material costs, which can also be used for product quality control, the soaring after the shock consolidation of the natural rubber market has broken through the psychological price of the industry, and given traders firm confidence, and then the bullish space for the styrene butadiene rubber market continues to increase. The continuous rise of various manufacturers has a positive impact on the market. The enthusiasm of the trading atmosphere, the strength of the momentum and the speed of growth exceed the new indicators of environmental protection and energy conservation in the industry, which has raised the imagination of the doorsill of the paper industry. The market continues to rise in the hype and constantly refreshes the historical records. By the end of May, the quotation of rosin gum was 17900 ~ 18400 yuan (ton price, the same below), an increase of 1450 yuan over the same period last month; The quotation of oil filled rubber is 14900 ~ 15100 yuan, an increase of 1200 yuan over the same period last month
according to the aftermarket analysis, the main raw material market will loosen in June with the end of the maintenance peak in Asia. It is expected that the support for the styrene butadiene rubber market will decline, and the downstream processing industry plagued by high costs will continue to reduce consumer demand. Lanhua is still in the process of overhaul, and Shenhua will carry out annual overhaul in early July. Due to Lanhua overhaul and Shenhua's follow-up of the supply of cutting-edge technology during the overhaul period, the supply to the market will be reduced, and the domestic supply is expected to decline at that time. However, it is still difficult to determine whether the natural rubber market can remain stable at the sky high price, and it has become an important factor that has attracted much attention and great influence. At a historical high, the price difference between the domestic market and the international market has further widened, and the import volume will continue to remain at a high level. The mentality of market participants has been relatively fragile, and the desire to hype has gradually faded. However, due to the support of many positive factors, it is expected that the styrene butadiene rubber market in June will be stuck after peaking in the first ten days, and the possibility of high-level shocks will not be ruled out in the later period
note: according to the current research, the source is indicated in this reprint. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content
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