Wednesday 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. Social business monitoring data shows that the domestic spot price in 1502 SBR 12,477 yuan / ton, down 5.95% compared with the beginning of this wave seems to end late rally since mid-March.
With the weakening market, buyers and sellers began stalemate, traders reluctant to low-cost shipping, and receiving goods factory prices down, and eventually opened a single volume petrochemical plants, supply approaching the situation eased, some areas such as the blessing of rubber supply in southern China presented upside down situation. North China 1502 reference price in 12000-12400 yuan / ton, 1712 at 11000-11100 yuan / ton; Shandong Province 1502 reported 12000-12400 yuan / ton, reported in 1502 in East China 12300-12800 yuan / ton, 1712 at 11,100 yuan / ton, 1502 reported in southern China 12000-12500 yuan / ton, 1712 at 10,800 yuan / ton.
Device: 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; 1712 Qilu month production planning reductions.
With the price weakness, market access goods were more cautious, buyers and sellers stalemate, although raw material butadiene given steady support from the cost, but the current situation, the pick-up were diminished.Rubber, styrene-butadiene rubber industry analysts expect short-term market or will once again turn weak shocks.
Translated by Google Translator from http://market.cria.org.cn/4/20194.html
