1. SBR Long Valuation
Product |
Area |
March 3 Valuation |
March 4 Valuation |
Change |
Change (%) |
Unit |
1502 |
Shandong |
12200 |
12200 |
– |
– |
Yuan / ton |
1712 |
Shandong |
10800 |
10800 |
– |
– |
Yuan / ton |
Today, Shandong Province SBR market remained deadlocked pattern, Qilu 1502 valuation of about 11800-12000 yuan / ton, Qilu 112 in 10600-10700 yuan / ton, essentially flat with the previous day. Petroleum prices are down by the impact of today’s petrochemical industry pay more attention to price, with little turnover. Petrochemical SBR only down 300 yuan / ton, the market is limited stimulus, trading remained dull.
2. News
Today, the oil marketing companies reduced SBR price 200-400 yuan / ton range, including eastern, southern regional price low, Jilin, Portland 15 Series price 12,100 yuan / ton.
Sinopec Sales Company unified SBR prices down 300 yuan / ton and execute sales listing, Qilu 1502 at 12,200 yuan / ton, Qilu 1712 at 10,900 yuan / ton.
Device Parking Information: Fushun Petrochemical 200,000 tons / year unit three 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, maintaining the parking line |
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 |
– |
12200 |
– |
– |
10900 |
Petroleum South |
– |
12100 |
– |
12100 |
– |
North China Petroleum |
12300 |
12300 |
12300 |
12300 |
– |
PetroChina East China |
12100 |
12100 |
12100 |
12100 |
11000 |
Sinopec South |
– |
11900 (Fu oak) |
– |
– |
10800 (Fu oak) |
3. Market dynamics
SBR market today offer little heard clearly, am waiting for the petrochemical industry more than the price guidelines, limited real single transaction, wait and see. Afternoon Sinopec down 300 yuan / ton SBR offer, but the market reaction limited impact of this magnitude, trading remain weak.
Market |
As of this morning, all regions offer ($ / ton) |
|
1502 |
1712 |
|
North Market |
12000 |
10800-10900 |
Shandong market |
12200 |
10800-10900 |
East China market |
12000-12400 |
10800-11000 |
Fujian market |
11800-12300 |
10800 |
Guangdong market |
12000-12400 |
– |
4. Outlook forecast
Today, for the price of petrochemical SBR down 200-400 yuan / ton, less than a single low-cost air market; sales multiple listing sales execution, the industry still bearish expectations, plans households passive billing. Meanwhile, HuJiao continued to fall in rubber prices down downstream plant procurement, weak demand in the bottom of the market does not change, the listing is expected overwhelmed SBR low junction, attention Tomorrow market trading intentions.
Translated by Google Translator from http://market.cria.org.cn/25/19495.html