The raw material price of nitrile gloves has risen. How will the market perform in the future？

Recently, the two core raw materials of nitrile gloves, butadiene and acrylonitrile, have shown a synchronized rebound trend.

From May to July, both of them continued to decline, with butadiene falling to the lowest range of 8,600 - 8,800 yuan/ton, 

and acrylonitrile also dropping to around 9,000 yuan. Since the end of July, the raw materials have bottomed out and started 

to rebound. As of late August, butadiene has risen by nearly 20% compared to the low point in July, and the price has returned to 

the 12,000 yuan/ton range. Acrylonitrile has also risen significantly and has reached over 12,000 yuan.

The rapid rebound of raw material prices directly brings pressure on the production cost of nitrile gloves. 

However, an increase in costs does not mean that the price of gloves will be raised simultaneously. 

The final product price is also constrained by the factory's production load, the actual purchasing demand in 

the downstream electronics, new energy, and industrial maintenance fields.

On the one hand, if butadiene and acrylonitrile remain at the current high levels, the profits of production 

enterprises will be compressed. Later, there is no doubt that some models of gloves may have the potential 

for price adjustment. On the other hand, the price fluctuations of chemical raw materials are relatively strong, 

and there is no doubt that there will be subsequent fluctuations. Under the background of cautious downstream 

terminal purchasing, the upward transmission of costs will also encounter certain resistance.

For industry practitioners, the current rate of price changes is significantly accelerating. 

It is recommended to continuously track the quotations of basic chemical raw materials, 

reasonably arrange inventory based on one's own order situation, 

and pay close attention to the changes in the production and demand of the upstream and downstream, 

in order to reduce the operational risks brought by price fluctuations.