1. SBR Long Valuation
|
Product |
Area |
March 17 Valuation |
March 18 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
11650 |
11400 |
-250 |
-2.15 |
Yuan / ton |
|
1712 |
Shandong |
10250 |
10200 |
-50 |
-0.49 |
Yuan / ton |
SBR market today slashed Shandong Province, of which 1502 valued at about 11,400 yuan / ton, compared with the previous trading day down 2.15%; Qilu 1712 is estimated at 10,200 yuan / ton, down 0.49% about. Petroleum morning for a further drop in prices, exacerbated the market cautious expectations sidelines waiting for the petrochemical industry prices, few transactions.
2. News
Today, some areas in the petroleum, petrochemical SBR prices down again, Rosin 1502 latest price raised to 11,300 yuan / ton, oil-filled plastic 1712 remained at 10,200 yuan / ton, the majority of companies listed again.
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; Portland, Fu oak, 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 |
180,000 tons device two production lines, line maintained parking, 5-6 to start the load |
|
Lanzhou Petrochemical |
100,000 tons device production line 1500E, line parking ; 50,000 tons / year plant parking |
|
Yang Jin Rubber |
Two lines producing 100,000 tons device 1502, started a load of 5 |
|
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 production line 1502, line parking |
|
Sales Company |
Product models offer ($ / ton) |
||||
|
1500 |
1502 |
1500e |
1502e |
1712 |
|
|
Sinopec North |
– |
11300 |
– |
– |
10200 |
|
Petroleum South (listed) |
– |
11300 |
– |
11300 |
– |
|
North China Petroleum (listed) |
11300 |
11300 |
11300 |
11300 |
– |
|
PetroChina East China |
11300 |
11300 |
11300 |
11300 |
10200 |
|
Sinopec South (listed) |
– |
11600 (Fu oak) |
– |
– |
10400 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
14500 |
– |
– |
12500 |
3. Market dynamics
Today SBR market trading sentiment continued to weaken due to high inventories, oil prices once again led the declines SBR, petrochemical prices following the adjustment in the afternoon and into the listing for sale.Adjust sales prices sparked panic, some billing business profits damaged last week, traders intent reduced turnover of less than today.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
11400-11600 |
10200-10300 |
|
Shandong market |
11300-11600 |
10200-10300 |
|
East China market |
11300-11800 |
10300-10300 |
|
Fujian market |
11300-11600 |
10300-10400 |
|
Guangdong market |
11300-11700 |
– |
4. Outlook forecast
Return HuJiao a downward trend this week; supply-side inventory high, led lower by SBR prices CNPC and Sinopec listed again, making just remarkable stable industry mentality once again into panic, trading more negative intentions. SBR fell to 11,300 yuan / ton price, pre-venting the business gradually fill orders, market supply to ease down, the space will also be expected to continue to decline narrowed, still concerned about the actual intent to purchase natural rubber market and downstream.
Translated by Google Translator from http://market.cria.org.cn/25/19753.html
