1. SBR Long Valuation
|
Product |
Area |
February 25 Valuation |
February 26 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12550 |
12400 |
-150 |
-1.20 |
Yuan / ton |
|
1712 |
Shandong |
11450 |
11100 |
-350 |
– 3.06 |
Yuan / ton |
Today, styrene butadiene rubber market extended losses in Shandong Qilu 1502 is estimated at 12,400 yuan / ton, Qilu 112 at 11,100 yuan / ton, up down 1.20-3.06%. After this round of price cut for those who still do not see the end of business today, although the inquiry was factory prices down significantly, businesses consider the cost, limited profit sharing rate, turnover is still deadlocked.
2. News
Sinopec lowered prices yesterday SBR 300-400 yuan / ton, Qilu 1502-12500 yuan / ton, Qilu 1712-11200 yuan / ton, today the oil price adjustment followed, Northwest Petroleum only temporarily stable 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 |
– |
12500 |
– |
– |
11200 |
|
Petroleum South |
– |
12400 |
– |
12400 |
– |
|
North China Petroleum |
12500 |
12500 |
12500 |
12500 |
11200 |
|
PetroChina East China |
12700 |
12500 |
12700 |
12500 |
11300 |
|
Sinopec South |
– |
12200 (Fu oak) |
– |
– |
11200 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
16000 |
– |
– |
14000 |
3. Market dynamics
Today SBR market reference price temporarily flat billing rates, but this has no interest in purchasing the factory price, lower prices for individual purchase price of serious intent, businesses consider the cost factor, profit sharing rate is limited, so the real one rarely heard transactions. But there is no shortage of cheap shorting individual businesses continue to wait for the price further down.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12500 |
11200 |
|
Shandong market |
12500 |
11200 |
|
East China market |
12500 |
11200-11300 |
|
Fujian market |
12200-12600 |
11200 |
|
Guangdong market |
12300-12500 |
– |
4. Outlook forecast
Styrene-butadiene rubber industry to broaden the market crash bearish expectations, although nearly two weeks largest petrochemical SBR cumulative drop of 800 yuan / ton, but the industry is expected yet in the end, under weak demand, there are many individual businesses daring vent, will continue to drag down the market . The end of the count, plans changed and households negative emotions pick for the high pressure side inventory, prices can hardly be optimistic. Tomorrow the market downturn is expected to shock, upside down trend is obvious.
Translated by Google Translator from http://market.cria.org.cn/25/19383.html
