1. SBR Long Valuation
|
Product |
Area |
December 20 Valuation |
December 23 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12700 |
12700 |
0 |
0 |
Yuan / ton |
|
1712 |
Shandong |
11750 |
11750 |
0 |
0 |
Yuan / ton |
2. News
Today, PetroChina, Sinopec SBR billing rates steady, offer greater regional disparities CNPC, Jilin 1502 ranged between 12600-13100 yuan / ton. Sinopec Qilu, Yangzi 1712 at 11,700 yuan / ton, Qilu, Yangzi 1502 glue 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 across the board stop, restart or postponed to January; 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 |
– |
12700 |
– |
12700 |
– |
|
North China Petroleum |
13000 |
13000 |
13000 |
13000 |
11700 |
|
PetroChina East China |
12600 |
12600 |
12600 |
12600 |
11700 |
|
Sinopec South |
– |
12600 (Fu oak) |
– |
– |
11600 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
16000 |
– |
– |
14000 |
3. Market dynamics
Today Guadan SBR market sentiment, high cash costs, and vary in different regions, SINOPEC limit orders, some businesses do not intend to lower the flat reported watching. However, this price is no demand, there is still upside down sporadic low-cost disk. 1502 which is hard to find in East China Jilin, Guangdong market blessing rubber supply less than normal.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12700-12900 |
11800 |
|
Shandong market |
12700-12900 |
11500-11800 |
|
East China market |
12600-12900 |
11700-12000 |
|
Fujian market |
12400-12800 |
11500 |
|
Guangdong market |
12600-12800 |
– |
4. Outlook forecast
SBR market to maintain the pattern of the current stalemate. Downstream plants to maintain the flat purchase, and continue to keep the prices down, dragged down below the market. Another natural rubber futures fell equally bearish constraints. SBR spot but higher costs, lower petrochemical oil inventories, unintentional decline in value. Change lack of effective messages support cautious mood has not changed.
Translated by Google Translator from http://market.cria.org.cn/25/18360.html
