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Monday, August 15, 2022

SBR is expected to increase demand slowed pessimistic

1. SBR Long Valuation

Product

Area

January 15 Valuation

January 16 Valuation

Change

Change (%)

Unit

1502

Shandong

13050

13050

Yuan / ton

1712

Shandong

12050

12050

Yuan / ton

Today, styrene-butadiene rubber prices stable in Shandong Qilu 1502 transaction valued at about 13,050 yuan / ton, some do not tax the transaction price is low, Qilu 1712 valued at about 12,050 yuan / ton. Market buying dull, low business stock, intend to continue to cut prices, turnover stalemate.

2.  News

Sinopec north, central company SBR slightly higher price of 100 yuan / ton, Qilu 1502 at 12,900 yuan / ton, Qilu 1712 at 11,900 yuan / ton. East, South sales price stability, maintaining manual billing increase.

Oil prices steady in SBR, Jilin, Portland 1500E price 13,200 yuan / ton, Jihua 1502 13000-13200 yuan / ton, Portland 1712 is not available, the reference price at 11,900 yuan / ton.

Device: Fushun Petrochemical 200,000 tons / year plant two-line parking; Tianjin Harbour Ring device 6.9 across the board from the date of parking; Jilin Petrochemical unit reduction of production; Zhejiang morning line stop device, another line program on the 20th stop of about 20 days. Fu oak Petrochemical 100,000 tons / year styrene-butadiene unit tier parking, pilot production line 1502.

Factory

Dynamic Device

Qilu Petrochemical

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

Jilin Petrochemical

150,000 tons device tier parking, front-line production 1500E, 1502 production line

Nantong Shenhua

180,000 tons device production line 1502, and the other a 1712 oil-filled cable, the other a line 1502E, 1723 to switch production, started 8 percent

Lanzhou Petrochemical

Two-wire devices produce 100,000 tons 1502E/1500E; 5 tons / year plant parking

Yang Jin Rubber

Two-line plant capacity 100,000 tons 1502 1712 production line

Tianjin Harbour Ring

100,000 tons device means the full range of parking from 6.9 days

Hangzhou, Zhejiang morning

100,000 tons / year styrene-butadiene unit line stop, line producing 1712

Fu Rubber Chemicals

100,000 tons / year styrene-butadiene unit 1502 trial production line, line parking

Sales Company

Product models offer ($ / ton)

1500

1502

1500e

1502e

1712

Sinopec North

12900

11900

Petroleum South

13000

13000

North China Petroleum

13200

13000

13200

13000

11900

PetroChina East China

13200

13000

13200

12800

11900

Sinopec South

12600 (Fu oak)

11700 (Fu oak)

 Nantong Shenhua (listed)

16000

14000

3. Market dynamics

Today, styrene butadiene rubber market continued steady light situation, below the market before the holiday intention to retain excess inventory, purchasing intentions Guadan. Control the amount due to suppliers for delivery of goods, increase market before shipment, but the overall volume of walk is limited.

Market

As of this morning, all regions offer ($ / ton)

1502

1712

North Market

13100

12100

Shandong market

13100

12100

East China market

13200-13300

12100-12200

Fujian market

12900-13000

11900

Guangdong market

12900-13200

4. Outlook forecast

Cost prices firm, steady SBR SBR suppliers intend billing rates. However, demand for desalination, traders shipped next week, the task is even more daunting, especially because part of the plan in early petrochemical control the amount of household monthly plan has not been completed, worries selling pressure late in the second half, slightly bearish sentiment on the market. Qingdao Free Trade Zone within another 300,000 tons of natural rubber stocks and then break mark, rubber prices can hardly be optimistic. SBR weekend market continued steady light pattern.

Translated by Google Translator from http://market.cria.org.cn/25/18824.html

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