1. SBR Valuation
|
Product |
Area |
November 6th Day Valuation |
November 7 Valuation |
Change |
Price Change (%) |
Unit |
|
1502 |
Shandong |
13100 |
13000 |
-100 |
-0.76 |
Yuan / ton |
|
1712 |
Shandong |
11600 |
11550 |
-50 |
-0.43 |
Yuan / ton |
2. Corporate dynamics
Today in the petrochemical, oil SBR price stability, the current state 1502 13,400 yuan / ton, 1712 at 11,900 yuan / ton, oil remain listed sales, billing, poor households receiving goods.
Device: Fushun Petrochemical 200,000 tons / year plant May 17 onwards downtime, about a month on the 10th restart plan; Lanzhou Petrochemical 100,000 tons since September Parking transformation unit two months, reported the current two-line production 1778E , 1500E, but the production load is not high, 50,000 tons device completely stop; Tianjin Lugang device 6.9 across the board from the date of parking; Jilin Petrochemical plant reductions production; Zhejiang morning stop line device, production line 1712. Fu rubber Petrochemical 100,000 tons / year butadiene unit Oct. 28 from across parking, approximately two months; Young Kim devices have different levels of reduction this month 1502,1712; Qilu Petrochemical plant product line replacement production, 1712 production reduced 1502 production increased.
|
Factory |
Dynamic devices |
|
Qilu Petrochemical |
150,000 tons / year butadiene unit line 1502, two wire 1712; 100,000 tons device two lines 1502, 1712 about production 3000 tons this month, an increase of 1502 |
|
Jilin Petrochemical |
150,000 tons device line stop, end of line production 1500 production for 1763, 1502 production line |
|
Nantong Shenhua |
180,000 tons production line unit 1502, and the other a 1712 oil-filled cable, the other a line 1502E, 1723 to switch production, started 6-7 |
|
Lanzhou Petrochemical |
100,000 tons device two-line production 1778E/1500E, start the load is low; 50,000 tons / year plant parking |
|
Yang Jin Rubber |
100,000 tons device line 1502, line 1712, in both reduced production this month |
|
Tianjin Lugang |
100,000 tons device 6.9 devices across the board from the date of parking |
|
Hangzhou, Zhejiang Morning |
100,000 tons / year butadiene unit tier parking, front-line production 1712 |
|
Fu Rubber Chemical |
100,000 tons / year butadiene unit 28 October onwards are parking lane, about two months time |
|
Sales Company |
Product of the models offer (yuan / ton) |
||||
|
1500 |
1502 |
1500e |
1502e |
1712 |
|
|
Sinopec North |
– |
13400 |
– |
– |
11900 |
|
Petroleum South |
– |
13400 |
– |
13400 |
– |
|
North China Petroleum |
13400 |
13400 |
13400 |
13400 |
11900 |
|
PetroChina East |
13400 |
13400 |
13400 |
13400 |
11900 |
|
Sinopec South |
– |
13200 (Fu oak) |
– |
– |
11800 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
16000 |
– |
– |
14000 |
3. Market dynamics
Today’s market performance SBR confusion, lack of physical demand, businesses offer meaningful, simply delisting wait. The speculators throw cheap interference markets intensified bearish expectations. Wherein the oil shortage SBR, Jilin 1500E and 1502E Portland supply hard to find.
|
Market |
As of the morning of the region offer (yuan / ton) |
|
|
1502 |
1712 |
|
|
North Market |
13200-13400 |
11500-11800 |
|
Shandong market |
13100-13400 |
11500-11800 |
|
East China market |
13100-13400 |
11800 |
|
Fujian market |
13280-13200 |
11800 |
|
Guangdong market |
13100-13400 |
– |
4. Market outlook forecast
Overall buy gas shortage, upside down market deepened, petrochemical billing sluggish, SBR market devaluation rumors today renewed attention petrochemical aspects prices news tomorrow. Expectations fell mostly empty single operation, some businesses strong intention to keep the prices down. However, low oil supply, petrochemical production costs are high regard for the decline in value of the market does not support the side of the supply and demand side saw, be cautious about the 1502 price reaches 12500-13000 yuan / ton range market pick-up reactions.
Translated by Google Translator from http://market.cria.org.cn/25/17489.html
