1. News
CNPC South China Sales Company took the lead today raised the SBR price 300 yuan / ton, Jilin 1502 rubber prices at 16,000 yuan / ton, other sales companies prices steady, Qilu, Jilin Chemical, Portland 1502 price at 15,700 yuan / ton, blue , Qilu 1712 prices in 14000-14100 yuan / ton, but are limited to billing.
Installations, Tianjin dry ports butylbenzene device production line 1712, and the other line is not yet open. Bridgestone 50,000 tons / year styrene-butadiene unit Parking, November 19 two days device reboot.
Factory |
Device dynamic |
Qilu Petrochemical |
150,000 tons / year styrene-butadiene unit, production line rosin 1502, two-line production of oil-filled 1712; 100,000 tons / year plant for second-line production of rosin 1502 |
Jilin Petrochemical |
150,000 tons device normal production line A production 1500E 1502,1502 E, B / C line capacity |
Nantong Shenhua |
180,000 tons device production line by 1502; another 1 line production of oil-filled 1712, 1 line 1502E, 1723 to switch production |
Lanzhou Petrochemical |
100,000 tons device first-line 1500E, first-line production 1502E; 5 million tons / year plant production 1712 |
Younkin rubber |
100,000 tons device front-line production of 1502, first-line production 1712 |
Tianjin dry ports |
10 tons device first-line production of 1712, the first-line maintenance parking |
Hangzhou Zhejiang morning |
100,000 tons / year styrene-butadiene unit line capacity 1502, started about 8-9 percent |
Fu Rubber Chemical |
100,000 tons / year styrene-butadiene unit first-line production of 1502, the first-line production 1712 |
Unit: yuan / ton
Sales Company |
Product models offer ($ / ton) |
||||
1500 |
1502 |
1500e |
1502e |
1712 |
|
Sinopec North China |
– |
15700 |
– |
– |
14000 |
Petroleum South |
– |
16000 |
– |
15600 |
15100 |
North China Petroleum |
15700 |
15700 |
15700 |
15700 |
14100 |
PetroChina East China |
15700 |
15700 |
15700 |
15700 |
14000 |
PetroChina Northwest |
15700 |
– |
15700 |
15700 |
14000 |
Nantong Shenhua |
– |
18000 |
– |
– |
15300 |
2. Market trends
Domestic styrene-butadiene market today maintain 封盘 pattern, the sales company limited billing tighten market supply liquidity, and the bullish sentiment, the merchant has no intention to take the goods, sporadic offer increasingly higher, heard of individual regions 1502 high prices at 16,600 yuan / ton 1712 plastic high price rose to 14800-14900 yuan / ton, but mostly aware of the market active buying is still intermediate links, downstream plants to maintain demand stocking.
Market |
The regional Quote ($ / ton) |
|
1502 |
1712 |
|
North China market |
16200-16500 |
14500-14600 |
Shandong market |
16100-16500 |
14500-14600 |
East China market |
Zhejiang morning 16200 16500-16700 blessing Oak 16000 |
14600-14800 |
Fujian market |
16500 Fook rubber 15800 |
– |
Guangdong market |
16500 Fook rubber 15800 |
14600 |
3. Outlook forecast
Asian butadiene outer disk for the 2nd higher raw material prices rebound to boost rubber market sentiment; sales company limited billing, merchants protected disk reluctant sellers, butylbenzene market inquiry this week is extremely strong, positive atmosphere of speculation continue to push the market higher price many, the current market offer Shun hang 800-900 yuan / ton, intensified bullish expectations. The foregoing analysis, the short-term butylbenzene higher volatility, pulling sales companies offer up. But, it is learned that the current downstream demand no effective follow-up, the supply-side recovery billing, supply is hard to find a situation to break the high turnover again blocked maintain prudent operation.
Source: CRIA