1. SBR Long Valuation
|
Product |
Area |
April 11 Valuation |
April 14 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12300 |
12200 |
-100 |
-0.81 |
Yuan / ton |
|
1712 |
Shandong |
10900 |
10800 |
-100 |
-0.92 |
Yuan / ton |
Today, the market is steady to lower SBR Shandong Province, Qilu 1502 valued at about 12200-12300 yuan / ton, Qilu 1712 is estimated at 10800-10850 yuan / ton, compared with the previous day’s low 0.81-0.92%. Although the market offer steady, but solid single price decline, oil-filled 1712 turnover upside-based glue.
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; blessing oak, Shenhua 5-6 to maintain the production of the device this month, Chen Zhe Nissan manufacturers maintain 100 tons; Young Kim SBR started 6-7, first-line production 1502, 1712 production line; month Qilu 1712 production planning reductions.
|
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 |
100,000 tons device line 1502, line 1712, started a load of 6-7 |
|
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 double 1502, 60% of the load |
|
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
Today SBR market sentiment is still dull, although the market offer steady, but sporadic real single price decline, reduced profit margins in the middle market, which traded in southern China Fu Rubber 1502 upside down, bearish sentiment worsened.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12000-12300 |
10700-10900 |
|
Shandong market |
12000-12300 |
10700-10950 |
|
East China market |
12200-12600 |
11000 |
|
Fujian market |
11900-12300 |
10700 |
|
Guangdong market |
12000-12400 |
– |
4. Outlook forecast
SBR market remained weak, dragging down the industry operates confidence among traders gradually compressed profit margins, and solid single tendency upside down, the market is bearish sentiment intensified fear of devaluation expectations. Today, the domestic private butadiene prices fell from 500 to 8310 yuan / ton, while petrochemical prices relatively strong, the other monomer styrene pre continuous hike, the cost of supporting strong, slight support for SBR. Tomorrow the market is expected to remain weak pattern, attention petrochemical production and dynamics.
Translated by Google Translator from http://market.cria.org.cn/25/20220.html
