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Monday, July 4, 2022

Butadiene rubber: a slight improvement in some areas waiting for further guidance news

1. Butadiene rubber Valuation

Product

Area

3 March 20

3 May 19 Valuation

Change

Change (%)

Unit

BR9000

Shandong

10300

10300

0

0

Yuan / ton

BR9000

Shanghai

10800

10700

+100

+0.9%

Yuan / ton

Today Qilu Shun Ding valuation 10,300 yuan / ton, Shanghai Gaoqiao butadiene valuation 10,800 yuan / ton, compared with the previous trading day steady rise 100 yuan / ton. After this wave of adjustment, the market mentality significant differences, in part because no improvement in demand and continue to look empty, partly because of the cost of supporting domestic butadiene, increased intention to cover short positions.

2. News

Today, for the price of petrochemical stabilize.

Dynamic devices: Biography of the device is about 100 tons per day, TSRC device on March 9 parking, planned maintenance 30-40 days, Sichuan ethylene push car, Yangzi Gimpo, Fu oak and Baling Petrochemical March No Driving program, Shandong Huayu, Qi Xiang, Wanda device is operating normally.

Petrochemical Enterprises

Plant operation

Yanshan Petrochemical

120,000 tons / year plant is operating normally, March rows yield 11,400 tons

Gaoqiao Petrochemical

Gaoqiao Petrochemical 120,000 tons / year butadiene unit is operating normally

Qilu Petrochemical

Operating normally, March scheduling planned production volume of 5,800 tons

Baling Petrochemical

Plant parking, no car plan in March

Daqing Petrochemical

Daqing Petrochemical 80,000 tons of butadiene unit two old lines and the new 80,000 t / y nickel polybutadiene rubber plant is operating normally line 2

Jinzhou Petrochemical

Parking on March 3, restart time to be determined

Dushanzi

30,000 tons / year butadiene unit to normal operation

Unit: yuan / ton

Sales Company

Producers

Price (yuan / ton)

North China Branch of Sinopec

Yanshan Petrochemical

10320

Qilu Petrochemical

10400

Sinopec South Branch

Yanshan Petrochemical

10500

Maoming Petrochemical

9750

South Branch of PetroChina

Dushanzi / Rand

10400/10300

Daqing

10400

Northwest Branch of PetroChina

Dushanzi

10400

Daqing Petrochemical

PetroChina Northeast Branch

Daqing Petrochemical

10400

Jinzhou Petrochemical

10400

3. Market dynamics

Today butadiene market speculation heating up in some areas, including the East China Takahashi butadiene, because limited supply, quotes remain high, were active, in southern Fujian province plans to open a single active households, obviously to cover short positions, but due to poor turnover in Shandong Province, part of the still upside down sales increase in North China after the thinly traded.

As of this morning, butadiene rubber market price (Unit: yuan / ton)

Market

Takahashi butadiene

Qilu

Yanshan

Baling

Daqing

Fu Rubber

Rand

Shandong market

10300-10400

10300-10400

10300-10400

Hebei market

10400-10700

10400-10500

Shanghai Market

10800-11000

10500

Zhejiang market

10800-11000

10500

10400-10500

Fujian market

Guangdong market

10800

10500

4. Factors and impact

1, 1409 HuJiao opened lower volatility, fell by 35 late in the previous trading day; 2 for the price of petrochemical stabilize; 3, butadiene outer disk steady decline. Lack of effective market factors guide, watching the atmosphere is heavy. Currently the business mentality slightly differences, but overall except for a few areas, no transaction volume. Tomorrow is expected to continue to narrow butadiene market adjustment.

Translated by Google Translator from http://market.cria.org.cn/25/19802.html

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