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Thursday, August 11, 2022

SBR weekly atmosphere Guadan cautious trading

1. Long congregation SBR Valuation

Product

Area

November 8th day Estimate

November 11 Valuation

Change

Price Change (%)

Unit

1502

Shandong

12800

12700

-100

-0.78

Yuan / ton

1712

Shandong

11300

11200

-100

-0.88

Yuan / ton

2. Corporate dynamics

Today, part of the oil marketing companies in the petrochemical SBR prices follow the price adjustment, the state over 1502 at 13,000 yuan / ton, 1712 at 11,500 yuan / ton, oil company listed for sale, due to low inventory, billing less.

Device: Fushun Petrochemical 200,000 tons / year plant May 17 onwards downtime, restart plans to postpone; Lanzhou Petrochemical 100,000 tons device two-line production 1778E, 1500E, but the production load is not high, 50,000 tons device completely stop; Tianjin Lu Hong Kong unit 6.9 across the board from the date of parking; Jilin Petrochemical production unit reduction; Zhejiang morning stop line device, production line 1712. Fu rubber Petrochemical 100,000 tons / year butadiene unit Oct. 28 from across parking, approximately two months; Young Kim devices have different levels of reduction this month 1502,1712; Qilu Petrochemical plant product line replacement production, 1712 production reduced 1502 production increased.

Factory

Dynamic devices

Qilu Petrochemical

150,000 tons / year butadiene unit line 1502, two wire 1712; 100,000 tons device two lines 1502, 1712 about production 3000 tons this month, an increase of 1502

Jilin Petrochemical

150,000 tons device line stop, end of line production 1500 production for 1763, 1502 production line

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, started 6-7

Lanzhou Petrochemical

100,000 tons device two-line production 1778E/1500E, start the load is low; 50,000 tons / year plant parking

Yang Jin Rubber

100,000 tons device line 1502, line 1712, 60% of the load, in both reduced production this month

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 1712

Fu Rubber Chemical

100,000 tons / year butadiene unit 28 October onwards are parking lane, about two months time

 

Sales Company

Product of the models offer (yuan / ton)

1500

1502

1500e

1502e

1712

Sinopec North

13000

11500

Petroleum South

13000

13000

North China Petroleum

13000

13000

13000

13000

11500

PetroChina East

13000

13000

13000

13000

11500

Sinopec South

12800 (Fu oak)

11400 (Fu oak)

 Nantong Shenhua (listed)

16000

14000

3. Market dynamics

SBR overall market trading flat today, more than sporadic inquiry tendency upside down low, but most users do not want to single handedly opened low price of shipping, transaction stalemate, simply entertained. Although there are still individual businesses low sales, but the actual shipments of limited mentality of the industry under the current price tangle, cautious procurement.

Market

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

1502

1712

North Market

12800-13000

11300-11500

Shandong market

12800-13000

11300-11500

East China market

12800-13000

11500

Fujian market

12700-13000

11500

Guangdong market

12800-13000

4. Market outlook forecast

Last weekend Petrochemical SBR continue down 400 yuan / ton, this week returned to the city, the spot market purchases no positive response, whereas the atmosphere is more cold, market expectations for the price still further to fall, no new price guide market remained cold front pattern. But the cost is high price, low oil inventories, the current price of the next business short already cautious and continue to decline or limited.

Translated by Google Translator from http://market.cria.org.cn/25/17528.html

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