SBR weekly atmosphere Guadan cautious trading

1. Long congregation SBR Valuation

Product	Area	November 8th day Estimate	November 11 Valuation	Change	Price Change (%)	Unit
1502	Shandong	12800	12700	-100	-0.78	Yuan / ton
1712	Shandong	11300	11200	-100	-0.88	Yuan / ton

2. Corporate dynamics

Today, part of the oil marketing companies in the petrochemical SBR prices follow the price adjustment, the state over 1502 at 13,000 yuan / ton, 1712 at 11,500 yuan / ton, oil company listed for sale, due to low inventory, billing less.

Device: Fushun Petrochemical 200,000 tons / year plant May 17 onwards downtime, restart plans to postpone; Lanzhou Petrochemical 100,000 tons device two-line production 1778E, 1500E, but the production load is not high, 50,000 tons device completely stop; Tianjin Lu Hong Kong unit 6.9 across the board from the date of parking; Jilin Petrochemical production unit reduction; 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, 60% of the load, 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)
Sales Company	1500	1502	1500e	1502e	1712
Sinopec North	–	13000	–	–	11500
Petroleum South	–	13000	–	13000	–
North China Petroleum	13000	13000	13000	13000	11500
PetroChina East	13000	13000	13000	13000	11500
Sinopec South	–	12800 (Fu oak)	–	–	11400 (Fu oak)
Nantong Shenhua (listed)	–	16000	–	–	14000

3. Market dynamics

SBR overall market trading flat today, more than sporadic inquiry tendency upside down low, but most users do not want to single handedly opened low price of shipping, transaction stalemate, simply entertained. Although there are still individual businesses low sales, but the actual shipments of limited mentality of the industry under the current price tangle, cautious procurement.

Market	As of the morning of the region offer (yuan / ton)
Market	1502	1712
North Market	12800-13000	11300-11500
Shandong market	12800-13000	11300-11500
East China market	12800-13000	11500
Fujian market	12700-13000	11500
Guangdong market	12800-13000	–

4. Market outlook forecast

Last weekend Petrochemical SBR continue down 400 yuan / ton, this week returned to the city, the spot market purchases no positive response, whereas the atmosphere is more cold, market expectations for the price still further to fall, no new price guide market remained cold front pattern. But the cost is high price, low oil inventories, the current price of the next business short already cautious and continue to decline or limited.

Translated by Google Translator from http://market.cria.org.cn/25/17528.html