March 10-14, SBR domestic market Xianyihouyang downstream market demand continues to slump, the market prices continue to decline, as well as the formation of inversion. Half of the week by the impact of natural rubber futures fell, styrene-butadiene rubber prices upside down severely. SBR upstream petrochemical companies have cut factory price, styrene butadiene rubber market continued downturn trend, market prices continue to decline, the domestic market Rosin 1502 quoted in the mainstream 11400-11600 yuan (t price, the same below), reported in the mainstream Rosin 1500E 11500-11800 yuan, oil-filled 1712 quoted in the mainstream 10200-10500 yuan, real trading was light, the downstream demand continues to remain weak state, trading remained light. After the first week, rubber futures market fell Yang, close to the weekend rally fell slightly after the Asian butadiene, butadiene domestic market lower, SBR cost of supporting efforts to continue to weaken. Upstream petrochemical companies factory price down this week, still no significant improvement in downstream demand, styrene butadiene rubber market remained weak in shocks.
This week the domestic market price: 1502 Shandong market price 11400-11800 yuan, 1712 price of 10200 – the 10,400 yuan, the North China market 1500E, 1502 price 11500-12000 yuan, 1712 yuan price 10300-10600, 11400-12000 East market 1502,1500 E Price yuan, 1712 yuan price 10300-10500, 11200-11600 South China market price of 1502 yuan, 1712 yuan price 10200-10600, 11700-12000 Northeast market 1502,1500 E price of $ 1712 price 10500-10700 yuan.
Jilin: rosin SBR 1502 factory price of 11,800 yuan, 1500E factory price of 11,800 yuan.
Qilu: rosin SBR 1502 factory price of 11,600 yuan, oil-filled SBR 1712 factory price of 10,200 yuan.
Nanjing Yangzi Gimpo: 1502 quoted at 11,600 yuan. 1712 quoted at 10,300 yuan.
Portland: 1500E and 1502E SBR quoted at 11,800 yuan, oil-filled SBR 1712 quoted at 10,800 yuan.
Outlook forecast: Week Asia and the domestic market price of butadiene Xianyihouyang by domestic natural rubber market downturn shocks, SBR weak market demand, market supply, styrene butadiene rubber prices continue to remain low, the current SBR market power downstream demand is still insufficient, the market price rose slightly, although not in the approaching weeks, but the market trend is still weak, poor market transactions. Expected: SBR slight improvement in market demand is expected next week, the market will remain sluggish trend.
Translated by Google Translator from http://market.cria.org.cn/18/19715.html
