1. SBR Long Valuation
Product | Area | April 22 Valuation | April 23 Valuation | Change | Change (%) | Unit |
1502 | Shandong | 12300 | 12300 | – | – | Yuan / ton |
1712 | Shandong | 10900 | 11200 | +300 | 2.75% | Yuan / ton |
Today, Shandong Province SBR 1712 market valuation increase, for the price hike due to the petrochemical, Qilu 1712 transaction valued at about 11,200 yuan / ton, up 2.75% over the previous day about; Qilu 1502 Estimated at about 12,300 yuan / ton, and basically the same as the previous day. Today’s deal is still insufficient.
2. News
Today, in 1712 oil-filled plastic petrochemical company raised the price of 300 yuan / ton to 11,200 yuan / ton, gum rosin 1502 prices held steady at 12,200 yuan / ton. Portland in 1712 due to the oil field gel is not available, SBR offer steady.
Device Parking Information: Hangzhou, Zhejiang morning SBR 1712 grade device production line, another line of parking; Fushun Petrochemical 200,000 tons / year plant producing three lines; blessing oak, Shenhua 5-6 to maintain the production of the device this month, Yang Jin started SBR 6-7, 1502 production line, production line 1712; 1712 Qilu month 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 of production equipment switched two lines 1723,1500, 1502 production line, where a line of intermittent stop production, output is unstable, 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 | Line of low-load operation, production 1500E |
Hangzhou, Zhejiang morning | 100,000 tons / year styrene-butadiene unit 1712 production line, 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 | – | – | 11200 |
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
By Sinopec oil-filled SBR price increases boosted the market with the 1712 rubber prices rose above billing, some areas offer little gum rosin 1502 100 yuan / ton increase, but the real deal with a single rose less than the overall inquiry still cautious. But near the end, part of the sales company stocks small, controlled amount of households on plans for delivery of goods on the market play a supporting role.
Market | As of this morning, all regions offer ($ / ton) | |
1502 | 1712 | |
North Market | 12000-12300 | 11300 |
Shandong market | 12000-12300 | 11300 |
East China market | 12100-12600 | 11300 |
Fujian market | 12000-12300 | 11000-11200 |
Guangdong market | 12100-12400 | – |
4. Outlook forecast
Today’s 1712 oil-filled plastic Sinopec raised the price of 300 yuan / ton to support market confidence, it is learned that the grades to maintain low production next month; near the end of the low sales of the company stock, the amount of control on the market for delivery of goods, SBR little downside risk. But overall demand is still weak, coupled with the low price of natural rubber repression, butadiene prices loose, SBR upward as hard in the short term to maintain the stalemate pattern.
Translated by Google Translator from http://market.cria.org.cn/25/20392.html