1. SBR Long Valuation
|
Product |
Area |
February 21 Valuation |
February 24 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12700 |
12650 |
-50 |
-0.39 |
Yuan / ton |
|
1712 |
Shandong |
11600 |
11500 |
-100 |
-0.86 |
Yuan / ton |
SBR market valuation today in Shandong Province continued to fall, Qilu 1502 is estimated at 12,650 yuan / ton, Qilu 1712 at 11,600 yuan / ton, compared with the previous day or 0.39-0.86%. Today, the market heard almost no turnover, HuJiao limit exacerbated the market panic, factories postpone purchases.
2. News
Today, PetroChina East China, Northeast, South Company for its SBR price settlement price; steady SBR prices Sinopec Qilu 1502 at 12,800 yuan / ton, Qilu 1712 at 11,600 yuan / ton.
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 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 |
Two-wire devices produced 180,000 tons, line stop to March |
|
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 1502 production line, production line 1712 |
|
Sales Company |
Product models offer ($ / ton) |
||||
|
1500 |
1502 |
1500e |
1502e |
1712 |
|
|
Sinopec North |
– |
12800 |
– |
– |
11600 |
|
Petroleum South |
– |
12700 |
– |
12700 |
– |
|
North China Petroleum |
12800 |
12800 |
12800 |
12800 |
11600 |
|
PetroChina East China |
13000 |
12800 |
13000 |
12800 |
11600 |
|
Sinopec South |
– |
12800 (Fu oak) |
– |
– |
11800 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
16000 |
– |
– |
14000 |
3. Market dynamics
SBR HuJiao limit intensified bearish market expectations, the downstream plant is delayed procurement, rarely heard today SBR real single market inquiry, trade Daily disk parameters for reference, most businesses simply stop plate watching.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12800 |
11600 |
|
Shandong market |
12800 |
11600 |
|
East China market |
12700-12900 |
11600 |
|
Fujian market |
12500-12800 |
11500 |
|
Guangdong market |
12500-12800 |
– |
4. Outlook forecast
Today HuJiao limit to new lows, 1405 contracts to 14,805 points, is expected to broaden the SBR market bearish; every down market, the downstream plant is delaying the purchase; the occasion of the end of the month, open single-family program delivery still unfinished, in the face true state of the market, they wait for the price of a single negative open a new one down. SBR markets extended losses expected by the end, concerns petrochemical dynamics.
Translated by Google Translator from http://market.cria.org.cn/25/19329.html
