In September, the market of styrene butadiene rubber fluctuated and consolidated. According to the data monitoring of the business community, as of September 30, the price of butadiene benzene 1502 was 11800 yuan/ton, up 0.14% from 11783 yuan/ton at the beginning of the month. The monthly high point was 11830 yuan/ton, and the monthly low point was 11733 yuan/ton. Although the downstream commencement in Jinjiu peak season is not as good as that in previous years, there is a small increase compared with the early stage, and there is a certain need for support for styrene butadiene rubber; The price of raw materials rose first and then fell, and the cost became weaker in the face of butadiene benzene support; The supply side is relatively loose, forming a small negative for SBR. As of the 30th day, the market offer of SBR 1502 was RMB 11700~12200/ton

SBR supply fluctuated slightly in September. Shenhua Chemical SBR started to operate from Line 2 to Line 3 at the beginning of the month; Li Changrong started the shutdown and maintenance of 50000 t/a styrene butadiene unit at the beginning of the month to the middle of the month; Weitai began to reduce its load to the first line in the middle of the month.

The cost support of SBR in September was first strong and then weak. The prices of raw materials butadiene and styrene rose first and then fell, and the cost became weaker from strong to weak in the face of styrene butadiene rubber support. According to the monitoring of the business community, as of September 29, the price of butadiene was 8303 yuan/ton, down 4.14% from 8662 yuan/ton at the beginning of the month, and the highest point in the month was 9277 yuan/ton. As of September 29, the price of styrene was 9312 yuan/ton, up 2.62% from 9075 yuan/ton at the beginning of the month, and the monthly high and low point was 9820 yuan/ton.

The natural rubber market rose slightly in September, which had more influence on SBR. As of September 29, the price was 12366 yuan/ton, up 4.71% from 11810 yuan/ton at the beginning of the month.

Demand side: In the peak season of Jinjiu, domestic tire enterprises started to work slightly, with full steel tires starting at around 60% and semi steel tires starting at around 65%, supporting SBR.

Future market forecast: business analysts believe that the supply side is basically stable, medium and loose; The price of raw materials dropped compared with the previous period; The demand side was slightly supported, and the price of styrene butadiene rubber was consolidated in a narrow range in the short term; After the festival, if the cost rises or the demand rises, SBR may have an opportunity to rise.