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Saturday, October 23, 2021

SBR thinly traded market wait and see

Earlier this week, in the petrochemical, oil marketing companies steady SBR prices, Qilu 1502 at 12,100 yuan / ton, Qilu 1712 at 10,600 yuan / ton.The high price of oil marketing companies, Jilin, Portland 1502 12000-12500 yuan / ton, 1712 in Portland 10800-11000 yuan / ton. Domestic rubber market being steady.

Shanghai region SBR reference pricing in 1502 guitar 12000-12100 yuan / ton, Qilu 1502 reference price of 12,400 yuan / ton, the Yangtze 1502 reference price 12000-12100 yuan / ton, Fu oak 1502 Reference Price 11600-11700 yuan / ton, Zhejiang Chen 1502 offer 12,000 yuan / ton; Qilu 1712 reference price 10700-10900 yuan / ton, Young Kim 1712 quote 10600-10700 yuan / ton, Fu oak 1712 quote 10200-10300 yuan / ton from mentioning. Quote reference, a firm offer of a single talk. As the beginning of the week, the market is not much to discuss, most businesses-foot cargo sidelines.

Manufacturers, the Fushun Petrochemical 200,000 tons / year plant May 17 onwards downtime, reboot delayed until the end of August, then resume the production line; Lanzhou Petrochemical 50,000 tons / year plant stop; Lu Hong Kong unit 6.9 across the board from the date of parking; Reduction of Jilin Petrochemical plant production; Zhejiang morning 100,000 tons device was August 18 restart, but not yet the finished output. Nantong Shenhua 180,000 tons / year plant operating 60 percent of planned routine maintenance on September 20th 20 days.

This week the domestic rubber market temporarily enter sideways, raw material butadiene weekly steady, but rose to 4.39 percent last week, from the raw material cost is still giving some support rubber, butadiene factory closing weekend domestic price of 8,500 yuan / ton, but the current slowdown in the downstream procurement, the business community this week SBR rubber industry analysts expect markets or further down.

Source: http://market.cria.org.cn/25/16216.html

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