1. SBR Long Valuation
Product |
Area |
March 12 Valuation |
March 13 Valuation |
Change |
Change (%) |
Unit |
1502 |
Shandong |
11600 |
11700 |
+100 |
+0.86% |
Yuan / ton |
1712 |
Shandong |
10300 |
10300 |
– |
– |
Yuan / ton |
Shandong region SBR finishing strong today, today valued at about 1502 Qilu 11,700 yuan / ton, edged up 0.86 percent over the previous day, Qilu 1712 at about 10,300 yuan / ton. Futures Quotes strong support, SBR market rebound, upside down low reduced.
2. News
Sinopec Sales Company today announced preliminary settlement price, No. 4-12, a slight difference in various regions of the settlement. North Sales Company No. 7-12 which low junction 400 yuan / ton, Qilu 1502 11,400 yuan / ton, Qilu 1712 at 10,100 yuan / ton, from pricing Sales Today: Qilu 1502 at 11,600 yuan / ton, 1712 at 10,200 yuan / ton . Tomorrow attention to other sales price adjustments.
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 |
– |
11600 |
– |
– |
10200 |
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
Futures market is firm support, SBR industry bearish space narrowing, nearly two daily dish rebounded slightly adjusted to the price listed nearby. Sinopec announced the early afternoon, the settlement price and the sale price from today, the industry still psychological support, Not heard upside down offer.
Market |
As of this morning, all regions offer ($ / ton) |
|
1502 |
1712 |
|
North Market |
11700-11800 |
10400-10600 |
Shandong market |
11700-11800 |
10300-10500 |
East China market |
11700-12100 |
10300-10500 |
Fujian market |
11600-11800 |
10200-10400 |
Guangdong market |
11600-11800 |
– |
4. Outlook forecast
HuJiao recent strong performance, the market stabilized SBR was up, the increase in market trading volume, after the current round of settlement into the pricing of petrochemical sales, help stabilize the market mentality of the industry is expected to decline to suspend SBR, turned to adjust the pattern. Can not stop the decline but still overwhelmed to be deliberate, butadiene seems to have stabilized; SBR each sales company selling the policy has not been uniform; concern downstream plant procurement.
Translated by Google Translator from http://market.cria.org.cn/25/19681.html