The domestic NBR market fell slightly. According to the monitoring of SunSirs, as of January 7, the mainstream price of Lanhua NBR N41E market was 23,600 RMB/ ton; 3305E mainstream price was 23,800 RMB/ ton; 3308E mainstream price was 24,300 RMB/ ton; Shunze NBR 3355 market mainstream reported 23,600 RMB/ ton. The commencement expectation of downstream rubber products industry was lower, and the support for nitrile rubber was weak.

　　Butadiene prices continued to fall sharply last week, and it is difficult for the cost side to improve. According to the monitoring of SunSirs, as of January 7, the price of butadiene was 4,145 RMB/ ton, down 6.88% from 4,451 RMB/ ton of the previous Friday.

　　SunSirs NBR analysts believe that although the supply pressure of NBR is small, the raw material price has continued to decline, coupled with weak demand, it is expected that NBR market in China will be stable and weak in the later stage.

　　Last week (December 31-January 7), the ex-factory price of BR of domestic enterprises decreased. According to the monitoring of SunSirs, as of January 7, the ex-warehouse price of Daqing Shunding of Sinopec North China sales company was 13,400 RMB/ ton. Traders’ market offers fell, and the market as a whole fell. According to the monitoring of SunSirs, the domestic market quotation of BR is between 13,300-13,900 RMB/ ton, the supply of goods in some areas is small, and the price is slightly strong.

　　Butadiene prices continued to fall sharply last week. According to the monitoring of SunSirs, as of January 7, the price of butadiene was 4,145 RMB/ ton, down 6.88% from 4,451 RMB/ ton of the previous Friday.

　　The natural rubber market adjusted slightly last week. According to the monitoring of SunSirs, as of January 7, the price of natural rubber was 13,790 RMB/ ton, a slight increase of 0.31% compared with 13,748 RMB/ ton of the previous Friday.

　　SunSirs analysts believe that, on one hand, raw butadiene continues to fall sharply, on the other hand, the supply and demand of the industrial chain weakens. Overall, it is expected that the price of China BR will continue to be weak in the later period.

　　SunSirs NBR analysts believe that although the supply pressure of NBR is small, the raw material price has continued to decline, coupled with weak demand, it is expected that NBR market in China will be stable and weak in the later stage.

　　Last week (December 31-January 7), the ex-factory price of BR of domestic enterprises decreased. According to the monitoring of SunSirs, as of January 7, the ex-warehouse price of Daqing Shunding of Sinopec North China sales company was 13,400 RMB/ ton. Traders’ market offers fell, and the market as a whole fell. According to the monitoring of SunSirs, the domestic market quotation of BR is between 13,300-13,900 RMB/ ton, the supply of goods in some areas is small, and the price is slightly strong.

　　Butadiene prices continued to fall sharply last week. According to the monitoring of SunSirs, as of January 7, the price of butadiene was 4,145 RMB/ ton, down 6.88% from 4,451 RMB/ ton of the previous Friday.

　　The natural rubber market adjusted slightly last week. According to the monitoring of SunSirs, as of January 7, the price of natural rubber was 13,790 RMB/ ton, a slight increase of 0.31% compared with 13,748 RMB/ ton of the previous Friday.

　　SunSirs analysts believe that, on one hand, raw butadiene continues to fall sharply, on the other hand, the supply and demand of the industrial chain weakens. Overall, it is expected that the price of China BR will continue to be weak in the later period.