SBR finishing deadlocked insufficient demand

1. SBR Long Valuation

Product	Area	January 8 Valuation	January 9 Valuation	Change	Change (%)	Unit
1502	Shandong	13100	13050	-50	-0.38%	Yuan / ton
1712	Shandong	12100	12050	-50	-0.41%	Yuan / ton

Today, the continuing weakness of SBR in Shandong Qilu 1502 transaction valued at about 13050-13100 yuan / ton, partially tax turnover is low price, Qilu 1712 valued at about 12050-12100 yuan / ton, down at 0.38-0.41% . Lack of downstream procurement, business confidence in the setback, sell. But Sinopec control the amount of delivery of goods, some low positions planned households no goods out.

2. News

Sinopec for SBR offer steady, Qilu 1502 at 12,800 yuan / ton, Qilu 1712 at 11,800 yuan / ton, but the actual billing manually increase 100 yuan / ton, Huadong Yang Jin 1502 Hand increase 180 yuan / ton.

Buying Rally Continues, Kse 100 Gains Over 2,000 Points

Oil prices steady in SBR, Jilin, Portland 1500E price 13,200 yuan / ton, Jihua 1502 13000-13200 yuan / ton, Portland 1712 is not available, the reference price at 11,900 yuan / ton.

Device: Fushun Petrochemical 200,000 tons / year plant two-line parking; Tianjin Harbour Ring device 6.9 across the board from the date of parking; Jilin Petrochemical unit reduction of production; Zhejiang morning line stop device, another line program on the 20th stop of about 20 days. Fu oak Petrochemical 100,000 tons / year styrene-butadiene unit Oct. 28 from parking across the board, recently feeding trial production plans next week to officially restart two lines of production 1502.

Factory	Dynamic Device
Qilu Petrochemical	Two-wire 1502 100,000 tons device; 150,000 tons / year styrene-butadiene unit line 1502, two-line 1712
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 1712 production line
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, recent feeding trial production

Sales Company	Product models offer ($ / ton)
Sales Company	1500	1502	1500e	1502e	1712
Sinopec North	–	12800	–	–	11700
Petroleum South	–	13000	–	13000	–
North China Petroleum	13200	13000	13200	13000	11900
PetroChina East China	13200	13000	13200	12800	11900
Sinopec South	–	12600 (Fu oak)	–	–	11700 (Fu oak)
Nantong Shenhua (listed)	–	16000	–	–	14000

3. Market dynamics

SBR market trading atmosphere Guadan still today, the overall lack of buying, holding cargo Daily dish loose, sporadic inquiry continues to lower prices, and the actual purchase limited intentions. However, the low volume of petrochemical oil discharge plan billing constrained households, wait and see.

Market	As of this morning, all regions offer ($ / ton)
Market	1502	1712
North Market	13100	12100
Shandong market	13100	12100
East China market	13200-13300	12100-12200
Fujian market	12900-13000	11900
Guangdong market	12900-13300	–

3. Outlook forecast

Purchasing factory lack of market confidence frustrated, cargo operators intention to lighten up, the real price of a single loose. However, the current SBR production, billing and inventory costs businesses support early and petrochemical control the amount of delivery of goods, they can still increase turnover, but less than the overall amount of walking. Lack of guidelines weekend stalemate continues the pattern of SBR turnover deserted, wait and see.

Translated by Google Translator from http://market.cria.org.cn/25/18686.html