1. SBR Long Valuation
|
Product |
Area |
February 19 Valuation |
February 20 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12800 |
12700 |
-100 |
-0.78 |
Yuan / ton |
|
1712 |
Shandong |
11750 |
11600 |
-150 |
-1.27 |
Yuan / ton |
Today, Shandong Province SBR lower market valuation, Qilu 1502 estimated at 12,700 yuan / ton, Qilu 1712 at 11,600 yuan / ton, compared with the previous day or 0.78-1.27%. SBR today unveiled petrochemical, down 300-400 yuan / ton settlement, after the decline in value of the market is still buying Guadan, wait still.
2. News
Sinopec opening balance sheet for 14-19 SBR, 1502 down 300 yuan / ton, Qilu 1502 at 12,800 yuan / ton, Qilu 1712 down 400 yuan / ton to 11,600 yuan / ton, according to the new price from today priced sales. Tomorrow, the oil price adjustment will follow.
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, Nantong Shenhua, Fu Rubber Chemical tier parking.
|
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 |
100,000 tons / year styrene-butadiene unit production line 1502 Nissan 150 tons, another few lines of output |
|
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
SBR market continued downturn in trading today, at noon, though the current round of Sinopec announced the settlement price, down 300-400 yuan / ton, but the decline in value of the market is still not enough to buy gas to maintain sentiment.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12800 |
11700-11900 |
|
Shandong market |
12800 |
11800 |
|
East China market |
12700-12900 |
11600-11900 |
|
Fujian market |
12600-12800 |
11600-11700 |
|
Guangdong market |
12600-12800 |
– |
4. Outlook forecast
After today’s low-end petrochemical SBR 300-400 yuan / ton into the pricing of sales and factory production costs are relatively stable, considering the profit margins, the upstream supplier has no intention to continue to decline in value. Then overwhelmed market showed little reaction after the price reduction, and close to the weekend, said downstream users continue to wait and see, wait for next week dynamics. Tomorrow is expected to close open businesses tentative offer price bit concerned about market inquiry, if demand continues to slump, do not rule out the latter may continue to decline in value.
Translated by Google Translator from http://market.cria.org.cn/25/19273.html
