1. SBR Long Valuation
|
Product |
Area |
March 10 Valuation |
March 11 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
11400 |
11400 |
0 |
0 |
Yuan / ton |
|
1712 |
Shandong |
10100 |
10000 |
-100 |
-0.99 |
Yuan / ton |
Today, Shandong Province SBR low volatility, lack of demand, with little real single transaction, valued at about 1502 Qilu 11,400 yuan / ton, Qilu 1712 about 10000-10100 yuan / ton, down 0.99% over the previous day about. HuJiao soaring, but not enough to boost the stock market, buying still Guadan downstream.
2. News
Today, PetroChina, Sinopec Sales Company SBR temporary price stability, rosin 1502 at 11,800 yuan / ton, Qilu 1712 at 10,500 yuan / ton, the majority of listed companies to maintain sales.
Device Parking Information: Fushun Petrochemical 200,000 tons / year unit three parking; Tianjin Harbour Ring device 2013.6.9 date parking across the board, plans to restart production this month 1500E grades; Jilin Petrochemical unit reduction of production; Zhe Chen, Nantong Shenhua line 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 device two production lines, line maintained parking, 5-6 to start the load |
|
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, started loading 80% |
|
Tianjin Harbour Ring |
100,000 tons device 2013.6.9 parking across the board from the device; plans this month to restart production 1500E grades |
|
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 (listed) |
– |
11800 |
– |
– |
10500 |
|
Petroleum South (listed) |
– |
11800 |
– |
11800 |
– |
|
North China Petroleum (listed) |
11800 |
11800 |
11800 |
11800 |
– |
|
PetroChina East China |
11800 |
11800 |
11800 |
11800 |
10700 |
|
Sinopec South (listed) |
– |
11600 (Fu oak) |
– |
– |
10400 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
14500 |
– |
– |
12500 |
3. Market dynamics
Although rubber futures soared, but the SBR market boosted limited. Conversely, decline in value due to market rumors aggravated panic Paohuo businesses, offer to continue to adjust downward, then there is still no procurement requirements of downstream users.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
11500-11600 |
10200 |
|
Shandong market |
11500-11600 |
10000-10200 |
|
East China market |
11300-11700 |
10200-10300 |
|
Fujian market |
11300-11600 |
10200 |
|
Guangdong market |
11300-11600 |
– |
4. Outlook forecast
Although butadiene external disk crash, but still higher than the domestic petrochemical prices, overwhelmed by the synthetic rubber market dragged down mainly on the SBR market, not a new negative pressure. SBR current market downstream demand continues to slump, intermediate traders wet storage operation, supply in circulation is blocked, supply manufacturers inventory pressures. And the production and sales profits damaged, some manufacturers cut down load device or wishes. Continuation of the current market upside down, and the price of buying this limited-week decline expected for the price still holding concern petrochemical price adjustments.
Translated by Google Translator from http://market.cria.org.cn/25/19629.html
