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Monday, May 23, 2022

Petrochemical prices settled styrene-butadiene rubber market uproar

1.  News

According to to Lung public information reports, Sinopec sales company today settled the price of SBR 19-24, 1502 at 13,300 yuan / ton, 1712 at 12,100 yuan / ton, and then maintain a price of 13600/12500 yuan / ton Original preserve and increase the sales. Original pricing in the oil field in South China, Southwest and other regions SBR maintain the original listing.

Device, Qilu Petrochemical 25 million tons of styrene-butadiene device overhaul since April 9 about 35 days; Zhe Chen and Fu rubber 10 million tons of plant operating 80%. Fushun Petrochemical styrene-butadiene plant planned downtime May 5 January, Bridgestone 50,000 tons / year plant from May 10 to the end of parking.

Factory

Dynamic devices

Qilu Petrochemical

25 million tons / year styrene-butadiene device April 9 lay-off of about 35 days

Jilin Petrochemical

150,000 tons the unit normal production line A production 1500E B / C two line capacity 1502,1502 E

Nantong Shenhua

18 million tons of device production line 1502; 1 line of oil-filled 1712, in addition to the 1 line in 1502E, 1723 to switch production to normal production

Lanzhou Petrochemical

100,000 tons of device front-line 1500E, production line 1502E; 5 million tons / year plant to produce 1712

Yang Jin rubber

100,000 tons of device production line 1502, production line 1712

Tianjin Lugang

100,000 tons device line and 1500 first-line 1712

Hangzhou, Zhejiang morning

100,000 tons / year styrene-butadiene plant production line 1712, first-line 1502, started 8 percent

Fu Rubber Chemical

100,000 tons / year styrene-butadiene device first-line 1502, line 1712, started 8

 

Sales company

Product Model Price (yuan / ton)

1500

1502

1500E

1502E

1712

Sinopec North

13600

12500

Petroleum South

13500

13300

12400

North China Petroleum (listing)

13600

13600

13600

13600

12500

PetroChina East China (listing)

13500

13500

13500

13500

12400

Sinopec South

13000 (Fu Oak)

11900 (Fu rubber)

Nantong Shenhua

15300

 

 2. Market dynamics

Sinopec announced today styrene-butadiene sales policy sparked all kinds of speculation, the industry tentative inquiry at the disk to explore the direction of the market, part of the primary agent for settlement prices fell less than expected, the Trader intention frustrated, passive wait-and-see. Today is particularly active market for styrene-butadiene rubber 1502 inquiry Jiaojia difference with the 1712 oil-filled narrow, not yet heard the low offer.

 

Market

The end of the morning area price (yuan / ton)

1502

1712

North China market

13300-13400

12300

Shandong market

13300-13400

12100-12300

East China market

13500-13600 Zhechenfuxiang 13000

12300

Fujian market

Fu rubber 12900 13500

Fu rubber 11900

Guangdong market

13500 Fu rubber 12900-13000

Fu rubber 11900

3. Market outlook forecast

Sinopec today announced settlement of styrene-butadiene rubber prices and continue to preserve and increase the sales strategy, given the market to do upside down empty single businesses is prudent to remind, is expected to ease the decline in the middle and lower reaches of the market, but on the other hand, also contributed to the single-handedly Agent negative orders psychological, styrene-butadiene the glue supply pressure will continue to weigh on the market, the end of the end of styrene-butadiene market stabilization and finishing concerned about the turnover.

Translated by Google Translator from http://market.cria.org.cn/25/14200.html

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