1. SBR Long Valuation
|
Product |
Area |
February 26 Valuation |
February 25 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12650 |
12550 |
-100 |
-0.79 |
Yuan / ton |
|
1712 |
Shandong |
11500 |
11450 |
-50 |
-0.43 |
Yuan / ton |
SBR market today stalemate decline in Shandong Qilu 1502 is estimated at 12,550 yuan / ton, Qilu 1712 at 11,450 yuan / ton, compared with the previous day or 0.43-0.79%. Sinopec plans to implement for households incentives but little off single onset, whereas the market upside down prices further aggravate downstream unintentional purchases.
2. News
Today, Sinopec down SBR price 300-400 yuan / ton, Qilu 1502-12500 yuan / ton, Qilu 1712-11200 yuan / ton, the oil concern tomorrow SBR prices.
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
Today SBR market bearish sentiment further aggravated reference offer upside down about 100-200 yuan / ton, the count at the end of the merchant ship heavier tasks, there are many more low-cost selling individual phenomenon. And yet worried about the cost price adjustment is limited, the majority of companies cautious.Natural rubber prices also lower, factories postpone purchases, a little amount of the purchase order line.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12600-12700 |
11400-11600 |
|
Shandong market |
12600-12700 |
11400 |
|
East China market |
12700-12900 |
11400 |
|
Fujian market |
12400-12700 |
11500 |
|
Guangdong market |
12400-12700 |
– |
4. Outlook forecast
Recent negative focus on the release, HuJiao continuous sharp decline in the spot price and the 1502 standard plastic spreads only about 2,000 yuan / ton, the market pressure synthesis; downstream plants to postpone purchases, supply in circulation is blocked; late in the top of the market pressures, today Petrochemical prices continued to fall for 300-400 yuan / ton. Natural rubber market dragged down SBR bearish space widening, the end of the operation is still cautious, the market is expected to fall tomorrow, after finishing the stalemate continues.
Translated by Google Translator from http://market.cria.org.cn/25/19359.html
