International crude oil prices fluctuated and weakened slightly overnight. The WTI11 contract closed at US$89.88/barrel, with a settlement price of 89.68 yuan/barrel; the Brent 12 contract closed at US$91.92/barrel, with a settlement price of US$91.88/barrel. Recently, the raw material butadiene has been consolidated at a high level, and the styrene market has fallen back from the high level. The cost center of styrene-butadiene rubber has shifted slightly downward; downstream inquiries about high-priced supply sources are cautious, and the market transactions are mainly small orders. On the 25th, the main supplier lowered the ex-factory price of styrene-butadiene rubber, and it is expected that the styrene-butadiene rubber market will adjust weakly on the 26th.
Offers for styrene-butadiene rubber 1502 in the domestic market on September 25:
Region | quote |
Eastern China | 13300~13700 |
North China | 13400~13600 |
Northwestern Territory | 13350~13550 |
Southern China | 13600~13800 |