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Saturday, October 23, 2021

SBR hard to find goods on the market

1. Long congregation SBR Valuation

Product

Area

8 months 27 days Estimated

August 28 Valuation

Change

Price Change (%)

Unit

1502

Shandong

11950

12050

+100

+0.84

Yuan / ton

1712

Shandong

10350

10600

+250

+1.92

Yuan / ton

2. Corporate dynamics

Following CNPC Southwest Portland 1500E SBR prices on raised 11,800 yuan / ton, the increase in Jilin Northeast today 1500,1502 glue 300 yuan / ton to 11,800 yuan / ton. Other regional and Sinopec, although the price stability, but at the end of a rare heavy volume. Device: Fushun Petrochemical 200,000 tons / year plant May 17 onwards downtime, reboot time to continue postponed to October; Lanzhou Petrochemical there is a glimmer parking, parking 45 days planned early September; Inland Port device 6.9 across the board from the date of parking; Jilin Reduction petrochemical plant production; Zhejiang morning stop line device, production line 1502. Nantong Shenhua 180,000 tons / year plant operating 60 percent of planned routine maintenance on September 20th 20 days. Fu rubber Petrochemical 100,000 tons / year butadiene plant planned 10.15 parking overhaul two months.

Factory

Dynamic devices

Qilu Petrochemical

150,000 tons / year butadiene unit line 1502 two-wire 1712; 100,000 tons device two lines 1502

Jilin Petrochemical

150,000 tons unit load shedding production , A-line production 1500E, B / C two-line production 1502,1502 E

Nantong Shenhua

180,000 tons production line unit 1502, and the other a 1712 oil-filled cable, the other a line 1502E, 1723 to switch production, 60% of the overall operating

Lanzhou Petrochemical

100,000 tons device line 1500E, line parking; 50,000 tons / year plant capacity 1500E

Yang Jin Rubber

1502 produced 100,000 tons device wire

Tianjin Lugang

100,000 tons device 6.9 devices across the board from the date of parking

Hangzhou, Zhejiang Morning

100,000 tons / year butadiene unit tier parking, front-line production 1502

Fu Rubber Chemical

100,000 tons / year butadiene unit line 1502, line 1712

 

Sales Company

Product of the models offer (yuan / ton)

1500

1502

1500e

1502e

1712

Sinopec North

11500

10200

Petroleum South

11500

11500

North China Petroleum

11500

11500

11500

11500

10200

PetroChina East

11500

11500

11500

11500

10200

Sinopec South

11200 (Fu oak)

9900 (Fu oak)

 Nantong Shenhua (listed)

13000

11000

3. Market dynamics

Today’s businesses offer SBR market weakened further intention, sporadic bids continue to rise, the manufacturers of plastic goods on the market are difficult 1502 exercise goods, because the industry bullish on September and the end of supply-side limit orders, supply reduction, holding cargo cover disk reluctant sellers, businesses are expected to continue to reduce the Ming Daily dish.

Market

As of the morning of the region offer (yuan / ton)

1502

1712

North Market

12000-12100

10700

Shandong market

12000-12100

10700

East China market

11900-12500

10700

Fujian market

Fu rubber 11700-11900

Fu Oak 10400

Guangdong market

Fu rubber 11700-11900

4. Market outlook forecast

By butadiene prices, domestic equipment maintenance and other news, the styrene-butadiene market bullish sentiment pushed open the door at the end part of the plan to complete a single task, unintentional shipments, increased market tight supply situation, the hype factor increases. 9-10 months due to increased domestic equipment maintenance, the industry fears in the petrochemical, oil and re-execute only for single sales, the amount of reserve stocks; Oil prices pull up some sales company, industry bullish on early September is expected to increase. Entertained end of the market-based, real single transaction is limited. But today the futures diving, downstream plants to maintain demand procurement, chase need to be cautious.

 

Translated by Google Translator from http://market.cria.org.cn/25/16379.html

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