Under the influence from Sinopec and PetroChina decreased largely SBR ex-works prices, today market prices showed dropped situation at lager scale. Market participants kept thick observing sentiment into active shipment in spot market. While spot market had not apparent improvement, under this sliding offer, downstream factories performed shrink dealings.

 

    However, crude oil dropped trend reduced raw material butadiene moving downtrend, and at the same time sliding NR market and SBR CIF CMP prices would into downlink situation, it was expected that domestic SBR market will continue downtrend, so the adjusted range of SBR prices from Sinopec and PetroChina will be clear next day, paying more attention to its actions.