Recent Markets for Rubber Chemical

Last week, the chemical raw materials market showed the following trends:

Benzene prices remained stable.

Aniline prices increased by approximately $14 per ton.

Cyclohexylamine prices rose by about $56 per ton.

MIBK prices decreased by roughly $35 per ton.

Acetone prices dropped by around $28 per ton.

Other additive raw materials prices remained generally stable.

Accelerators:

The rise in upstream raw material prices has increased cost pressures, but downstream demand remains weak, with moderate transaction volumes and stable overall prices. Downstream operating rates have slightly declined, and the market trend for accelerators remains unchanged. Factory ex-works prices are stable, but there is room for negotiation in the distribution channels. In the short term, accelerator prices are expected to maintain a weak and stable trend, significantly influenced by the movement of upstream raw materials.

Antioxidants:

Upstream raw material prices fluctuated, while downstream demand stayed lacklustre. The market remains highly competitive, with ample supply and a slight decrease in transaction prices overall. Aniline price increases have led to slight adjustments in factory ex-works prices, but downstream demand is limited, with purchasing primarily on an as-needed basis. The market focuses on volume sales, and price transmission faces challenges, requiring time for inventory digestion. In the short term, antioxidant prices are expected to remain stable, with significant influence from upstream raw material trends on price expectations.

Other categories:

Insoluble sulfur: Supply remains sufficient, and prices are stable.

Stearic acid: Prices have slightly increased.

Zinc oxide and anti-scorching agents: Prices remain stable.