1. News
Today in the petroleum, petrochemical majority of sales steady SBR prices 1502 rubber price of 16,500 yuan / ton, Qilu 1712 rubber prices at 14,800 yuan / ton, to each sales companies still control the amount of Fanghuo.
Installations, domestic butylbenzene manufacturers started up to 9-10% Bridgestone 50,000 tons device restarted last weekend, the device downtime since November 19.
|
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 |
100,000 tons device front-line production of 1712, first-line production 1502 |
|
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 |
– |
16500 |
– |
– |
14800 |
|
Petroleum South |
– |
16500 |
– |
16300 |
15100 |
|
North China Petroleum |
16500 |
16500 |
16500 |
16500 |
14900 |
|
PetroChina East China |
16500 |
16500 |
16500 |
16500 |
14800 |
|
PetroChina Northwest |
16500 |
– |
16500 |
16500 |
14900 |
|
Nantong Shenhua |
– |
18000 |
– |
– |
15300 |
2. Market trends
The sales companies control the amount of shipping, the butylbenzene high-priced market traders continue to reluctant sellers, spot market prices extended gains, during the afternoon, heard that the 1502 market price to 17300-17500 yuan / ton, oil-filled 1712 rubber prices are more than 16,000 yuan / ton The contingent market users priced stocking cautious due to consider after the delivery of the goods of the late Petrochemical high risk.
|
Market |
The regional Quote ($ / ton) |
|
|
1502 |
1712 |
|
|
North China market |
Jilin Chemical 17200-17300 |
15800-16000 |
|
Shandong market |
17300-17400 |
15800-16000 |
|
East China market |
17300-17500 Zhejiang morning 16400 |
16100 |
|
Fujian market |
17200-17300 |
– |
|
Guangdong market |
17200-17300 |
– |
3. Outlook forecast
Upstream supply-side control the amount of shipments to tighten market supply, the butylbenzene middle market stocking intention is still positive, spot prices continue to be pushed up, widening sales company price upside; feedstock butadiene also issued stabilized signal, the cost impact of bias bullish ; addition, good internal and external disk rubber futures market rally in the same give butylbenzene support the foregoing analysis, current butylbenzene market Li Duoti vibration on the strong side, the short-term extended gains. However, the current rebound lack of downstream demand to support the foundation of converting to consolidate prices shortness rose behind the to alert high price risk.
Source: CRIA
