1. SBR Long Valuation
Product | Area | May 7 Valuation | May 8 Valuation | Change | Change (%) | Unit |
1502 | Shandong | 12750 | 12700 | -50 | -0.39 | Yuan / ton |
1712 | Shandong | 11600 | 11600 | – | – | Yuan / ton |
Today, Shandong Province SBR slightly lower market valuation, valuation of glue around 1502 Qilu 12,700 yuan / ton, Qilu 1712 at 11500-11600 yuan / ton, slightly lower than the previous 0.39%. Market sentiment slowed, individual businesses cut prices to sell pre-inventory, sporadic Real Simple upside down, open the unintentional loss of single-family ship, stalemate on the sidelines.
2. News
Today, PetroChina, smooth Sinopec Sales Company prices, Qilu, Jilin 1502 at 12,700 yuan / ton, Qilu, Younkin 1712 at 11,600 yuan / ton, including Sinopec East China Sales Company 1502 Billing 100 yuan / ton, handmade fare, PetroChina East China, Southwest 1502 rubber prices in 12800 yuan / ton.
Device Parking Information: Hangzhou, Zhejiang morning, dry ports are front-line stop, another production line 7-8; Fushun Petrochemical 200,000 tons / year plant producing three lines; blessing oak, Shenhua device to maintain 60% of production, Yang Jin started SBR 70%; 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, start loading 60% |
Lanzhou Petrochemical | 100,000 tons device production line 1502E, line production 1500E; 5 tons / year plant parking |
Yang Jin Rubber | 100,000 tons device line 1502, line 1712, started a load of 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 | – | 12700 | – | – | 11600 |
Petroleum South | – | 12700 | – | 12600 | – |
North China Petroleum (listed) | 12700 | 12700 | 12700 | 12700 | – |
PetroChina East China | 12800 | 12800 | 12800 | 12800 | 10700 |
Sinopec South (listed) | – | 12500 (Fu oak) | – | – | 11500 (Fu oak) |
Nantong Shenhua (listed) | – | 14500 | – | – | 12500 |
3. Market dynamics
Today, styrene butadiene rubber market remained weak pattern in which areas in northern part of the market is relatively abundant supply, there are sporadic upside down deal. Other regional plans to open a single active user orders intent is not strong, and some sales volume control very price, the market price is relatively strong, but the turnover Guadan.
Market | As of this morning, all regions offer ($ / ton) | |
1502 | 1712 | |
North Market | 12400-12800 | 11650-11800 |
Shandong market | 12400-12750 | 11600-11650 |
East China market | 12600-13200 | 11700-11800 / 11400 Zhe Chen |
Fujian market | 12600-12900 | 11400-11500 |
Guangdong market | 12700-13000 | – |
4. Outlook forecast
Downstream plant replenishment intention weak; suppress low-cost rubber, styrene-butadiene market players operating interest weakened, then traded deadlock. Although domestic private enterprises rose butadiene manufacturers offer, but is expected to boost the market for styrene-butadiene limited. And for the price of petrochemical firm, market operator businesses dare not empty, the weekend market volatility is limited.
Translated by Google Translator from http://market.cria.org.cn/25/20618.html