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Thursday, July 7, 2022

Butadiene rubber: increasing portion of merchant shipping offer continue to fall

1. Butadiene rubber Valuation

Product

Area

4 April 3

4 2 April Valuation

Change

Change (%)

Unit

BR9000

Shandong

11100

11200

-100

-0.9%

Yuan / ton

BR9000

Shanghai

11600

11700

-100

-0.85%

Yuan / ton

Today Qilu Shun Ding valuation 11,100 yuan / ton, Shanghai Gaoqiao butadiene valuation 11,600 yuan / ton, compared with the previous trading day down 100 yuan / ton, with the heavy volume of petrochemical, shipping business performance positively, some prices continue to fall.

2. News

Today, for the price of petrochemical stable.

Dynamic devices: Biography fancy place from April 1 shut down for maintenance. TSRC device on March 9 parking plan to drive around April 15, Yangzi Gimpo, Fu Baling Petrochemical April oak and no car plan, Shandong Huayu, Qi Xiang device is operating normally.

Petrochemical Enterprises

Plant operation

Yanshan Petrochemical

120,000 tons / year plant is operating normally

Gaoqiao Petrochemical

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

Qilu Petrochemical

Operating normally at about 150 tons per day

Baling Petrochemical

Plant parking, no car plan in April

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

10920

Qilu Petrochemical

11000

Sinopec South Branch

Yanshan Petrochemical

11200

Maoming Petrochemical

10350

South Branch of PetroChina

Dushanzi / Rand

11000/10900

Daqing

11000

Northwest Branch of PetroChina

Dushanzi

11000

Daqing Petrochemical

PetroChina Northeast Branch

Daqing Petrochemical

11000

Jinzhou Petrochemical

11000

3. Market dynamics

Today butadiene market continued to fall, the market sentiment is good. On the one hand, HuJiao concussion, weighed on the market confidence; hand, petrochemical succession billing, and downstream plants are not enthusiastic to accept the goods, the market turnover continued to be difficult to heavy volume, the merchant ship were active, the rate of increase continued to narrow, individual level out. It is reported that Shandong Province, Daqing butadiene in 11000-11100 yuan / ton, Qilu Shun Ding at 11,100 yuan / ton, down, east China Takahashi butadiene at 11,700 yuan / ton, Maoming South China butadiene at 10,800 yuan / ton.

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

Market

Takahashi butadiene

Qilu

Yanshan

Baling

Daqing

Fu Rubber

Rand

Shandong market

11100-11200

11000-11100

10900-11000

Hebei market

11000-11100

Shanghai Market

11600-11700

11300

11200

Zhejiang market

11600-11700

11300

11200

Fujian market

12200

Guangdong market

11600 – 11700

11300

10800

11300

4. Factors and impact

1, 1409 HuJiao concussion lower, compared with late last trading down 240; 2, petrochemicals for price stability; 3, butadiene outer disk stability. Today butadiene markets affected by HuJiao Zoudie, some prices continue to weaken. Business mentality unstable, some shipments were active. Downstream plants and more demand procurement, market volume traded yet. Currently, an ample supply of butadiene production enterprises, but the demand side of the poor performance; However, near the weekend market participants operating slowed, wait a further guide news is expected tomorrow butadiene prices steady vulnerable to adjustment based.

Translated by Google Translator from http://market.cria.org.cn/25/20068.html

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