1. Butadiene rubber Valuation
|Product||Area||6 5 June Valuation||6 June Valuation||Change||Price Change (%)||Unit|
|BR9000||Shandong||13300||13100||-200||1.5%||Yuan / ton|
|BR9000||Shanghai||13400||13200||-200||1.49%||Yuan / ton|
Today Qilu Shun Ding estimated 13,100 yuan / ton, Shanghai Takahashi butadiene estimated 13,200 yuan / ton, Shandong Qilu Shun-butadiene rubber transaction prices fell less than yesterday, but the downstream buying sentiment in general, the overall market trading volume blocked, so merchants offer meaningful, firm talks.
Today Sinopec drop in price for butadiene for 500 yuan / ton settlement, down 300 yuan / ton to continue hedging, market reactions in general, household operation carefully planned, most are open now to go.
Dynamic devices: Jinzhou Petrochemical by the end of April Parking, specific driving time to be determined; Rand Petrochemical butadiene unit parking, specific driving time undetermined; Baling Petrochemical parking plan early May, the specific opening date yet; TSRC May 1 parking, it is learned the January device is turned on.
|Petrochemical enterprises||Plant operation|
|Yanshan Petrochemical||12 tons / year plant load 90%|
|Takahashi petrochemical||Gao Qiao Petrochemical 120,000 tons / year butadiene plant starts full load, about 290 tons per day.|
|Qilu Petrochemical||7 tons / year butadiene 3 Qilu Petrochemical production line to resume operation|
|Baling Petrochemical||Baling Petrochemical 60,000 tons / year plant parking|
|Daqing Petrochemical||Daqing Petrochemical 160,000 tons of butadiene two lines running; New 80,000 tons / year of nickel polybutadiene rubber plant two lines running.|
|Jinzhou Petrochemical||Jinzhou Petrochemical 30,000 tons / year high cis polybutadiene rubber plant at the end of April Parking|
|Dushanzi||3 million tons / year butadiene unit normal operation|
Unit: yuan / ton
|Sales Company||Producers||Quote (yuan / ton)|
|North China Branch of Sinopec||Yanshan Petrochemical||12920|
|Sinopec South Branch||Yanshan Petrochemical||13500|
|Fu rubber petrochemical||12800|
|South Branch of PetroChina||Daqing Petrochemical||13200|
|Northwest Branch of PetroChina||Dushanzi||13300|
|PetroChina Northeast Branch||Daqing Petrochemical||13300|
3. Market dynamics
Today butadiene market confusion, traders offer upside magnitude deeper, but do not buy or downstream, lower prices demand procurement and serious inquiry, businesses sporadic shipments.
|As of this morning, butadiene rubber market price (Unit: yuan / ton)|
|Market||Takahashi butadiene||Qilu||Yanshan||Baling||Daqing||Fu Rubber||Rand|
4. Aspects and Impacts
Currently downstream start gradually into the off-season, weak demand continue to constrain the market turnover of the atmosphere, coupled with the lack of natural futures rebound, domestic butadiene feedstock for the price cut negative factors, such as multiple windows open under pressure, traders bearish outlook on the market, the spot cheap Paohuo holder, control risk sentiment evident, but not with downstream purchasing cheap atmosphere still Guadan trading firm, expected tomorrow pattern continued weak market conditions, trading in general.
Translated by Google Translator from http://market.cria.org.cn/25/14976.html