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Friday, July 1, 2022

SBR lack Petroleum price hike in late trading

1. SBR Long Valuation

Product

Area

March 28 Valuation

March 31 Valuation

Change

Change (%)

Unit

1502

Shandong

12350

12350

Yuan / ton

1712

Shandong

10850

10850

Yuan / ton

SBR market today narrow adjustment Shandong Province, Qilu 1502 valuation of about 12300-12400 yuan / ton, Qilu 1712 is estimated at 10800-10900 yuan / ton, unchanged from the previous business day. The top end of the market basically completed the task, shipping intention is not high, maintaining firm offer.

2.  News

SBR PetroChina Huabei company raised the price of 300 yuan / ton, Jihua 1502, Portland 1502E, 1500E to 12,200 yuan / ton, Sinopec aspects of intent early transient stability SBR prices.

Device Parking Information: Fushun Petrochemical 200,000 tons / year unit three parking; Jilin Petrochemical unit reduction of production; Portland, Fu oak, Zhe Chen, Nantong Shenhua line stop.

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 two production lines, line maintained parking, 5-6 to start the load

Lanzhou Petrochemical

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

Yang Jin Rubber

Two lines producing 100,000 tons device 1502, started a load of 5

Tianjin Harbour Ring

Hangzhou, Zhejiang morning

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

Fu Rubber Chemicals

100,000 tons / year styrene-butadiene unit double production 1502

 

Sales Company

Product models offer ($ / ton)

1500

1502

1500e

1502e

1712

Sinopec North (listed)

11850

10500

Petroleum South

11800

11800

North China Petroleum (listed)

12200

12200

12200

12200

PetroChina East China

12000

12000

12000

12000

10600

Sinopec South (listed)

11700 (Fu oak)

10500 (Fu oak)

 Nantong Shenhua (listed)

14500

12500

3. Market dynamics

SBR market dull end of the whole atmosphere, the top end of the market, sales tasks, stock traders are not high, reluctant to sell at high prices. SBR for the afternoon part of the company Petroleum price increases, businesses intent shipping prices continue to rise, but the factory high conflict, Real Simple talk.

Market

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

1502

1712

North Market

12100-12500

10700-11000

Shandong market

12100-12500

10800-11000

East China market

12300-12700

11000-11100

Fujian market

12100-12500

11000

Guangdong market

12100-12500

4. Outlook forecast

North Oil Company in 1502 rubber prices rose to 12,200 yuan / ton, although early in the petrochemical areas temporarily stable prices, but does not rule out possible compensatory weeks, tomorrow other companies concerned Petroleum price dynamics. Current market businesses to widen profit margins, mainly due to reduced volume at the end of support for the party, after the delivery of goods and petrochemical market speculation heat next month decline, gains or slow down.

Translated by Google Translator from http://market.cria.org.cn/25/19988.html

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