1. SBR Long Valuation
|
Product |
Area |
December 9 Valuation |
December 10 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
13050 |
13000 |
-50 |
-0.38 |
Yuan / ton |
|
1712 |
Shandong |
12100 |
12050 |
-50 |
-0.41 |
Yuan / ton |
2. News
Today, PetroChina, Sinopec Sales Company based SBR prices stable, the current Jilin, Portland 1502 prices between 13000-13300 yuan / ton, Portland 1712 almost no plastic goods. Sinopec 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, car or postponed to January |
|
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
Today Yindie SBR market weakness, the overall buying Guadan, driven by the lack of news, market traders confidence frustrated, shipping intention to enhance, spot market prices loose, less firm trading.
|
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
Although the supply-side offer strong support, but the downstream market orders incompetent, SBR market business confidence frustrated, shipping intention to enhance, coupled butadiene fell outside the disk stop rising, further weighed on the market morale, SBR spot market offer loose, Quotes vulnerable Yindie. SBR cost side but in the end still strong, business inventory cost is not low, not big downside, short-term market correction stalemate.
Translated by Google Translator from http://market.cria.org.cn/25/18120.html
