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Monday, August 15, 2022

SBR: Year approaching trading flat

1. SBR Long Valuation

Product

Area

January 17 Valuation

January 20 Valuation

Change

Change (%)

Unit

1502

Shandong

13050

13050

Yuan / ton

SBR prices held steady today in Shandong Qilu 1502 transaction valued at about 13,050 yuan / ton, some do not tax the transaction price is low, Qilu 1712 valuation of about 12,050 yuan / ton. This week the market traded atmosphere even more dull, factory after another holiday, business stock market is not high, nor anxious sales.

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 Parking Information: Fushun Petrochemical 200,000 tons / year plant parking two lines; Tianjin Harbour Ring device 6.9 across the board from the date of parking; Jilin Petrochemical unit reduction of production; two-wire device about parking Zhejiang morning to 2.12.

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 three line production, 60% of the overall load is approaching near

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 from 1.19 days parking

Fu Rubber Chemicals

Two lines 100,000 tons / year styrene-butadiene plant production 1502

 

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

SBR dull market sentiment today, basically ending the factory before the holiday procurement, the downstream market inquiry sporadic; market traders stock inventory is not high, increased freight costs and the end of the car difficult to find, nor anxious shipping, wait and see.

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

12800-13000

11900

Guangdong market

12900-13200

4. Outlook forecast

SBR market transactions work this week after another ending, no price adjustment intention, the industry gradually withdraw from the market after waiting in the market. After purchasing the plant after the holiday is expected to work more than the Lantern Festival started, the upstream supplier of production is relatively stable and adequate supply of raw material butadiene prices firm fundamentals temporarily clear guidelines concern the external policy message.

Translated by Google Translator from http://market.cria.org.cn/25/18870.html

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