1. SBR Long Valuation
|
Product |
Area |
April 2 Valuation |
April 3 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12500 |
12450 |
-50 |
-0.4 |
Yuan / ton |
|
1712 |
Shandong |
11050 |
10950 |
-100 |
-0.9 |
Yuan / ton |
Today, the decline in Shandong Province SBR market weakness, Qilu 1502 valuation of about 12450-12500 yuan / ton, Qilu 1712 is estimated at 10950-11000 yuan / ton, down 0.4-0.9% over the previous day. Morning futures lower drag, SBR market sentiment further inquiry slowed, while households continue to plan a new stock added to enhance intention to ship, offer to go soft.
2. News
Today in the petroleum, petrochemical companies SBR prices steady, 1502 more than the price 12,200 yuan / ton, Qilu 1712 at 10,900 yuan / ton, Sinopec East China Company Rosin 1502 high prices in 12,300 yuan / ton, and billing manually increase to 12,400 yuan / ton.
Device Parking Information: Fushun Petrochemical 200,000 tons / year plant producing three lines; Yang Jin, Fu oak, Shenhua 5-6 to maintain the production of the device this month, Chen Zhe Nissan manufacturers maintain 100 tons; month production planning reductions Qilu 1712 .
|
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 |
– |
|
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 (listed) |
– |
12200 |
– |
– |
10900 |
|
Petroleum South |
– |
12200 |
– |
12200 |
– |
|
North China Petroleum (listed) |
12200 |
12200 |
12200 |
12200 |
– |
|
PetroChina East China |
12200 |
12200 |
12200 |
12200 |
10600 |
|
Sinopec South (listed) |
– |
12100 (Fu oak) |
– |
– |
10900 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
14500 |
– |
– |
12500 |
3. Market dynamics
SBR market today narrow downward adjustment, one after another due to the heavy volume of petrochemical, businesses complement a new stock, shipping intention enhanced; HuJiao lower opening shock, depress market confidence, user conflict expensive purchase, offer lower finishing.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12100-12600 |
11100-11200 |
|
Shandong market |
12100-12600 |
11100-11200 |
|
East China market |
12300-12900 |
11200-11300 |
|
Fujian market |
12300-12500 |
10900 |
|
Guangdong market |
12300-12600 |
– |
4. Outlook forecast
SBR market to get new goods added a pre-shipment situation is no longer hard to find, although the cost side held firm, but the lack of SBR market continued upward momentum. SBR is reported above remained abundant market supply, the industry is expected to remain cautious after the festival market, shipping intention to enhance the offer presented signs of weakness, reduced profit businesses take the goods. Tomorrow the market is expected to continue weak.
Translated by Google Translator from http://market.cria.org.cn/25/20069.html
