Recently, news has come from the rubber industry that the Shunze factory was originally scheduled to start construction last Friday, but now it is reported that it will be postponed until this week. This change has had a direct impact on market supply, with multiple branded products being delayed in entering the market.

It is understood that mainstream brands such as 3305 are expected to enter the market by mid month. In addition, 3352 is expected to enter the market by the end of September, while 2880 will not enter the market until mid October. Looking at Lanhua, there is currently very little stock of 3305 and 3308. The factory is expected to start construction on the 11th and can only achieve supply in mid to late September.

The delay in the launch of this series of products will to some extent affect the supply-demand balance in the market. From recent industry trends, it can be seen that since mid to early August, the nitrile rubber market has been fluctuating and stagnant, with differences in supply among different grades. The maintenance of the 50000 ton/year plant in Lanhua and the Shunze plant continues, and the delivery speed of sporadic sources of goods is slow, supporting stable and medium to small price increases for industry players. However, downstream procurement maintains the strategy of just in demand, and the follow-up of high priced transactions in the market is slow.

Overall, the nitrile rubber market will still face a weak supply-demand situation in the short term. Downstream enterprises need to closely monitor market trends and adjust their procurement plans reasonably.