1. SBR Long Valuation
|
Product |
Area |
February 17 Valuation |
February 18 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12800 |
12800 |
0 |
0 |
Yuan / ton |
|
1712 |
Shandong |
11800 |
11750 |
-50 |
-0.42 |
Yuan / ton |
Today, Shandong Province SBR market adjustment range is limited, Qilu 1502 valuation of about 12,800 yuan / ton, 1712 valuation of about 11,750 yuan / ton. Factory-demand procurement, consultation session to continue to lower prices, excessive inventory build intermediate traders dare, go with the open with a larger supply of the top manufacturers of pressure on the stock.
2. News
PetroChina, Sinopec are listed on the implementation of the SBR sales, Qilu 1502 at 13,100 yuan / ton, Qilu 1712 at 12,000 yuan / ton. Jihua 1502, Portland 1502E at 13000-13100 yuan / ton, Portland 1712 is not available, north, southwest companies listed. Slow flow of goods on the market, abundant supply of top business inventories.
Device Parking Information: Fushun Petrochemical 200,000 tons / year plant two-wire parking; Tianjin Harbour Ring device 6.9 across the board from the date of parking; Jilin Petrochemical unit reduction of production; Zhe Chen, Shen Hua Ding Nantong line stop.
|
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 a two-wire device production line stop to late February |
|
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 production line 1502, another line parking |
|
Fu Rubber Chemicals |
Two lines 100,000 tons / year styrene-butadiene plant production 1502, reduce the load |
|
Sales Company |
Product models offer ($ / ton) |
||||
|
1500 |
1502 |
1500e |
1502e |
1712 |
|
|
Sinopec North |
– |
13100 |
– |
– |
12000 |
|
Petroleum South |
– |
13000 |
– |
13000 |
– |
|
North China Petroleum |
13100 |
13100 |
13100 |
13100 |
12000 |
|
PetroChina East China |
13200 |
13000 |
13200 |
12800 |
11900 |
|
Sinopec South |
– |
12800 (Fu oak) |
– |
– |
11800 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
16000 |
– |
– |
14000 |
3. Market dynamics
Today SBR take the goods market increased slightly, but the overall atmosphere remained flat, heard some real single price upside 100-300 yuan / ton, although the factory inquiry continue to lower prices, but traders are afraid to report low price, wait settlement price guide, not much below the stock market.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12800-13000 |
11900-12000 |
|
Shandong market |
12800-13000 |
11800-12000 |
|
East China market |
12800-13000 |
11800-12000 |
|
Fujian market |
12700-13000 |
11800-12000 |
|
Guangdong market |
12800-13000 |
– |
4. Outlook forecast
SBR currently listed petrochemical sales, real single market upside down about 100-300 yuan / ton, then pursuant to the settlement of this magnitude. But I was told there are still trading at lower prices, but it is not eager to pay a single, due to expected new round of fall. At present, there are stable synthetic surface support costs, and the factory is not established before the holiday excess inventory, downstream demand will be launched at this stage SBR No excessive market risk.
Translated by Google Translator from http://market.cria.org.cn/25/19221.html
