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Wednesday, August 17, 2022

Rubber futures diving butylbenzene cautious

1. News

Today, PetroChina, Sinopec Sales Company SBR price steady, rosin 1502 at 17,300 yuan / ton, oil-filled 1712 rubber price 15600-15700 yuan / ton.

Installations, domestic butylbenzene manufacturers device to maintain a normal start, the overall load of more than 9 percent. Overhaul plan: Qilu Petrochemical 25 million tons / year plant planned downtime April 8 about 45 days.

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 by 1502, started about 9 percent, the first-line recently planned change production 1500

Fu Rubber Chemical

100,000 tons / year styrene-butadiene unit production line 1502

Unit: yuan / ton

 

Sales Company

Product models offer ($ / ton)

1500

1502

1500e

1502e

1712

Sinopec North China

17300

15600

Petroleum South

17300

16900

15800

North China Petroleum

17300

17300

17300

17300

15700

PetroChina East China

17300

17300

17300

17300

15600

PetroChina Northwest

17300

17300

17300

15800

Nantong Shenhua

18500

16500

2. Market Trends

Domestic styrene butadiene market fluctuations in offer little, due to strong cost side, but peripheral bad, Hujiao, diving, caused by the rubber industry panic butylbenzene spot market inquiry atmosphere is even more inadequate, trading confidence frustrated, the price of a firm offer to under pressure.

 

Market

The regional Quote ($ / ton)

1502

1712

North China market

17500-17700

16000

Shandong market

17500-17600

16000

East China market

17400-17700 Fuxiangzhechen 17300

16000

Fujian market

Jilin Chemical 17300 17500-17600 blessing rubber,

Fuk Oaks 15400

Guangdong market

Jilin Chemical 17500-17700 Qilu 17900

16000

3. Market outlook forecast

Fed or early termination of QE, the plunge in rubber futures today hit the rubber stock market confidence, the synthetic rubber industry of the late rally also significant morale, although transient stability in the cost of supporting the market offer, but prices on the market outlook is expected to significantly shrink The cautious mood doubled market continued weak weekend.

Translated by Google Translator from http://news.cria.org.cn/4/13011.html

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