17.8 C
New York
Sunday, September 24, 2023

SBR demand is insufficient confidence frustrated

1. News

Sinopec, today in the oil marketing companies SBR sales price stability, the 1502 rubber prices in the 17,500 yuan / ton, oil-filled 1712 rubber prices in 15300-15400 yuan / ton, the sales company billed according to plan, the end of the occasion, it is learned that the upstream for The party overall inventory amount is not high.

Installations, domestic butylbenzene manufacturers started up to 9-10%, the production of new goods is sufficient.

Factory

Device dynamic

Qilu Petrochemical

150,000 tons / year styrene-butadiene unit, production line rosin 1502, two-line production of oil-filled 1712; 100,000 tons / year plant for second-line production of rosin 1502

Jilin Petrochemical

150,000 tons device normal production line A production 1500E 1502,1502 E, B / C line capacity

Nantong Shenhua

180,000 tons device production line by 1502; another 1 line production of oil-filled 1712, 1 line 1502E, 1723 to switch production

Lanzhou Petrochemical

100,000 tons device first-line 1500E, first-line production 1502E; 5 million tons / year plant production 1712

Younkin rubber

100,000 tons device front-line production of 1502, first-line production 1712

Tianjin dry ports

100,000 tons device front-line production of 1712, first-line production 1502

Hangzhou Zhejiang morning

100,000 tons / year styrene-butadiene unit line capacity 1502, started about 8-9 percent

Fu Rubber Chemical

100,000 tons / year styrene-butadiene unit first-line production of 1502, the first-line production 1712

 

Unit: yuan / ton

Sales Company

Product models offer ($ / ton)

1500

1502

1500e

1502e

1712

Sinopec North China

17000

15300

Petroleum South

17000

16800

15600

North China Petroleum

17000

17000

17000

17000

15400

PetroChina East China

17000

17000

17000

17000

15300

PetroChina Northwest

17000

17000

17000

15400

 Nantong Shenhua

18000

15300

2. Market trends

 Today butylbenzene domestic market continued weak downward market, Guadan demand dragged down the market prices continue to fall, although the market offer is still higher than the open price of 100-200 yuan / ton, but the real prices have been flat out single overall amount of walking single.

Market

The regional Quote ($ / ton)

1502

1712

North China market

17100-17200

Dry port 15300

Shandong market

17100-17200

15500-15600

East China market

17200-17400 Zhejiang morning 17000 blessing rubber 16800

15500-15600

Fujian market

17200-17300 blessing rubber 16700-16800

Fuk rubber 14800-15000

Guangdong market

17200-17300

 

3. Outlook forecast

By the end of the occasion, the domestic SBR market trading revealed weakness. The middle market early hoard goods release, but noted that this the downstream tire, shoe enterprises raw materials inventory is still significant ample, had no intention of stocking, shipping business disruption, confidence frustrated stepwise regression with the spot market price to open the monovalent near panic bearish emotional resurgence the stalemate ending this year, the market will be in the doldrums.

 

Source: CRIA

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,268FansLike
12,893FollowersFollow
731FollowersFollow
- Advertisement -

Latest Articles

Popular Articles