1. SBR Long Valuation
|
Product |
Area |
December 6 Valuation |
December 9 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
13050 |
13050 |
– |
– |
Yuan / ton |
|
1712 |
Shandong |
12100 |
12100 |
– |
– |
Yuan / ton |
2. News
Today, with the rise in the oil part of the company SBR price 200 yuan / ton, Jilin, Portland 1502 prices between 13000-13300 yuan / ton, Portland 1712 almost no plastic goods. Sinopec 1712 oil-filled plastic with regard only rose 200 yuan / ton, handmade fare cancellation, Qilu, Yangzi 1712 at 11,700 yuan / ton, Qilu, Yangzi 1502 glue to maintain 12,800 yuan / ton.
Device: Fushun Petrochemical 200,000 tons / year plant two-line parking; Lanzhou Petrochemical 50,000 tons of old equipment thoroughly parking; Tianjin Harbour Ring device 6.9 across the board from the date of parking; Jilin Petrochemical unit reduction of production; Zhe Chen device line stop. Fu oak Petrochemical 100,000 tons / year styrene-butadiene unit Oct. 28 from parking across the board, about two months; Qilu Petrochemical production equipment product line swap, 1712 reduced production, increased 1502 production.
|
Factory |
Dynamic Device |
|
Qilu Petrochemical |
150,000 tons two lines / year styrene butadiene unit 1502, line 1712; 100,000 tons two-wire devices 1502, 1712 this month, just over 6000 tons planned product |
|
Jilin Petrochemical |
150,000 tons device tier parking, front-line production 1500E, 1502 production line |
|
Nantong Shenhua |
180,000 tons device production line 1502, and the other a 1712 oil-filled cable, the other a line 1502E, 1723 to switch production, started 8 percent |
|
Lanzhou Petrochemical |
Two-wire devices produce 100,000 tons 1502E/1500E; 5 tons / year plant parking |
|
Yang Jin Rubber |
Two-line plant capacity 100,000 tons 1502, in the 10th line changeovers 1712 |
|
Tianjin Harbour Ring |
100,000 tons device means the full range of parking from 6.9 days |
|
Hangzhou, Zhejiang morning |
100,000 tons / year styrene-butadiene unit line stop, line producing 1712 |
|
Fu Rubber Chemicals |
100,000 tons / year styrene-butadiene unit since October 28 are double parking, about two months time |
|
Sales Company |
Product models offer ($ / ton) |
||||
|
1500 |
1502 |
1500e |
1502e |
1712 |
|
|
Sinopec North |
– |
12800 |
– |
– |
11700 |
|
Petroleum South |
– |
13200 |
– |
13200 |
– |
|
North China Petroleum |
13200 |
13200 |
13200 |
13200 |
11900 |
|
PetroChina East China |
13000 |
13000 |
13000 |
13000 |
11700 |
|
Sinopec South |
– |
12600 (Fu oak) |
– |
– |
11600 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
16000 |
– |
– |
14000 |
3. Market dynamics
Despite sporadic for the price rise, but with the rise SBR market weakness, the overall offer essentially flat with last weekend. Mainly due to lower actual purchases remained flat, the current market buyer is more inclined to use with the mining Studio getting goods model, mid-market weakness speculation, increased shipments intentions.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
13200 |
12100-12200 |
|
Shandong market |
13000-13100 |
12100-12200 |
|
East China market |
13000-13500 |
11900-12200 |
|
Fujian market |
12900-13300 |
11800 |
|
Guangdong market |
13000-13300 |
– |
4. Outlook forecast
SBR goods less petroleum without pressure, led SBR for the price, but the market is not responding, petrochemical follow up care, oil-filled 1712 rubber prices edged up only 200 yuan / ton. SBR is currently high cost price, some sales alone very limited market, production and other oil-filled plastic 1712, above all support SBR market. However, to maintain the downstream flat purchase, under weak turnover continued to rise blocked. SBR performance deadlock again, the short term bearish correction.
Translated by Google Translator from http://market.cria.org.cn/25/18090.html
