1. SBR Long Valuation
Product |
Area |
January 10 Valuation |
January 13 Valuation |
Change |
Change (%) |
Unit |
1502 |
Shandong |
13050 |
13050 |
– |
– |
Yuan / ton |
1712 |
Shandong |
12050 |
12050 |
– |
– |
Yuan / ton |
Today, Shandong Province SBR atmosphere Guadan, transaction valuation stable Qilu 1502 transaction valued at about 13050-13100 yuan / ton, partially tax transaction price is low, Qilu 1712 valuation of about 12050-12100 yuan / ton. Downstream buying dull, and control the amount of suppliers for delivery of goods, merchants stock inventory low, intend to continue a sale.
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.
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 yesterday to restart the trial production line 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, yesterday to restart the production line 1502 |
Sales Company |
Product models offer ($ / ton) |
||||
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
Today SBR market sentiment is extremely light, inadequate downstream plant stocking inquiry sporadic and down to lower prices; while traders due to supply reduction, stock low cost and billing firm, unintentional low sale prices failed to talk about the intention of the buyer and seller Long, rarely heard real single transaction.
Market |
As of this morning, all regions offer ($ / ton) |
|
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 |
– |
4. Outlook forecast
Lack of demand downstream plants, petrochemical control the amount of oil supply, raw material butadiene monomer was up support costs outer disk surface, SBR fundamentals deadlocked opposition, industry operating intentions Guadan, seems to leave early into the trend. Under the continuing weakness in the transaction, the market is expected to gradually increase bearish other HuJiao to new lows, SBR pre-holiday market can hardly be optimistic, careful operation.
Translated by Google Translator from http://market.cria.org.cn/25/18747.html