Butadiene rubber: poor turnover weakness continues

Butadiene rubber Valuation

Product	Area	January 16	1 January 15 Valuation	Change	Change (%)	Unit
BR9000	Shandong	12500	12500	0	0	Yuan / ton
BR9000	Shanghai	12850	12850	0	0	Yuan / ton

Today Qilu Shun Ding valuation 12,500 yuan / ton, Shanghai Gaoqiao butadiene valuation 12,850 yuan / ton. Steady with the previous trading day, the outer disk and petrochemical butadiene butadiene for the price to stabilize the market in addition to individual businesses, the lower the intention is not.

2. News

Today, for the price of petrochemical stable.

Dynamic devices: Biography of the device is about 100 tons per day, the daily output of 50 tons Chinachem device down, the operating rate at TSRC Liu Cheng, Yangzi Gimpo, Fu oak, Arima, Qi Xiang and Baling device reboot time to be determined.

Japanese Rubber Futures Rally On Shanghai Gains

Petrochemical Enterprises	Plant operation
Yanshan Petrochemical	12 tons / year plant is operating normally, Jan. row yield 12,000 tons
Gaoqiao Petrochemical	Gaoqiao Petrochemical 120,000 tons / year butadiene unit is operating normally
Qilu Petrochemical	Operating normally, Jan. scheduling planned production volume of 6,200 tons
Baling Petrochemical	Device parking
Daqing Petrochemical	Daqing Petrochemical 80,000 tons of butadiene unit two old lines and the new 80,000 t / y nickel polybutadiene rubber plant is operating normally line 2
Jinzhou Petrochemical	Operating normally, Jan. planning and scheduling production was 2,000 tons
Dushanzi	3 million tons / year butadiene unit to normal operation

Unit: yuan / ton

Sales Company	Producers	Price (yuan / ton)
North China Branch of Sinopec	Yanshan Petrochemical	12520
North China Branch of Sinopec	Qilu Petrochemical	12600
Sinopec South Branch	Yanshan Petrochemical	12600
Sinopec South Branch	Fu rubber and petrochemical	12200
South Branch of PetroChina	Dushanzi / Rand	12500/12300
South Branch of PetroChina	Daqing	12200
Northwest Branch of PetroChina	Dushanzi	12600
Northwest Branch of PetroChina	Daqing Petrochemical	–
PetroChina Northeast Branch	Daqing Petrochemical	12600
PetroChina Northeast Branch	Jinzhou Petrochemical	12600

3. Market dynamics

Butadiene market today offer little adjustment, most businesses follow the market, supported by the cost side, the intention is not low, but individual businesses affected by the continuing poor turnover, continue to let the sales, but did not improve the buyer to accept the goods. It is reported that the product low in North China and South China, including Shandong Qingzhou area of Daqing butadiene has reported 12,300 yuan / ton, South China Daqing, blue Deshun Ding upside down 100 yuan / ton, and other regional and product pricing as the main stable.

As of this morning, butadiene rubber market price (Unit: yuan / ton)
Market	Takahashi butadiene	Qilu	Yanshan	Baling	Daqing	Fu Rubber	Rand
Shandong market	–	12500-12600	12600	–	12300-12600	–	–
Hebei market	–	–	12500-12600	–	12300-12600	–	–
Shanghai Market	12900	–	–	–	12500-12600	–	12300
Zhejiang market	12900	–	–	–	12500-12600	–	12300
Fujian market	13200	–	13100-13200	–	12100	12100	12300
Guangdong market	–	–	13200	–	12200	–	12300

4. Factors and impact

1, 1405 HuJiao opened slightly higher shock adjustment, compared with the previous trading day up 90 late; 2, petrochemicals for the price stability; 3, butadiene outer disk stability. Butadiene market weakness continues, due to the weakening demand for downstream plants, lack of market to buy gas, but except for a few low-abroad, the majority of businesses in stabilizing the cost of sales under the support surface. It is reported that more than downstream plant according to the order to cover short positions, and call it a day and gradually into the state, years ago, the demand side is difficult to significantly improved. Short-term market is expected to narrow to adjust butadiene-based, and close to the weekend, the parties are expected to operate with caution, closing a single talk.

Translated by Google Translator from http://market.cria.org.cn/25/18827.html