1. SBR Long Valuation
|
Product |
Area |
February 18 Valuation |
February 19 Valuation |
Change |
Change (%) |
Unit |
|
1502 |
Shandong |
12800 |
12800 |
0 |
0 |
Yuan / ton |
|
1712 |
Shandong |
11750 |
11750 |
0 |
0 |
Yuan / ton |
SBR market is estimated today in Shandong Province is relatively stable, Qilu 1502 valued at about 12,800 yuan / ton, 1712 valuation of about 11,750 yuan / ton. Local businesses offer more upside down 200-300 yuan / ton, but the downstream plant purchases tend to lower prices, businesses are expected to decline overwhelmed or limited, cautious shorting the market trading flat.
2. News
PetroChina, Sinopec are listed on the implementation of the SBR sales, Qilu 1502 at 13,100 yuan / ton, Qilu 1712 at 12,000 yuan / ton. Jihua 1502, Portland 1502E at 13000-13100 yuan / ton, Portland 1712 is not available, north, southwest companies listed. Slow flow of goods on the market, abundant supply of top business inventories.
Device Parking Information: Fushun Petrochemical 200,000 tons / year plant two-wire parking; Tianjin Harbour Ring device 6.9 across the board from the date of parking; Jilin Petrochemical unit reduction of production; Zhe Chen, Shen Hua Ding Nantong line stop.
|
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 a two-wire device production line stop to late February |
|
Lanzhou Petrochemical |
Two-wire devices produce 100,000 tons 1502E/1500E; 5 tons / year plant parking |
|
Yang Jin Rubber |
Two-line plant capacity 100,000 tons 1502 1712 production line |
|
Tianjin Harbour Ring |
100,000 tons device means the full range of parking from 6.9 days |
|
Hangzhou, Zhejiang morning |
100,000 tons / year styrene-butadiene unit production line 1502, another line parking |
|
Fu Rubber Chemicals |
Two lines 100,000 tons / year styrene-butadiene plant production 1502, reduce the load |
|
Sales Company |
Product models offer ($ / ton) |
||||
|
1500 |
1502 |
1500e |
1502e |
1712 |
|
|
Sinopec North |
– |
13100 |
– |
– |
12000 |
|
Petroleum South |
– |
13000 |
– |
13000 |
– |
|
North China Petroleum |
13100 |
13100 |
13100 |
13100 |
12000 |
|
PetroChina East China |
13200 |
13000 |
13200 |
12800 |
11900 |
|
Sinopec South |
– |
12800 (Fu oak) |
– |
– |
11800 (Fu oak) |
|
Nantong Shenhua (listed) |
– |
16000 |
– |
– |
14000 |
3. Market dynamics
SBR light stable market performance today, is expected to see empty downstream single little real demand, and some also plate upside down to lower prices 500-600 yuan / ton price, but do not intend to hold stocks over none other shipments, trading stalemate . Take the goods is blocked, the user has no intention to take the initiative to plan billing, supply-side inventories. Which part of shoe factory in southern China resumed after the slow progress, due to product orders meager profits, while the factory high cost.
|
Market |
As of this morning, all regions offer ($ / ton) |
|
|
1502 |
1712 |
|
|
North Market |
12800-13000 |
11900-11900 |
|
Shandong market |
12800-12900 |
11800 |
|
East China market |
12800-13000 |
11600-11900 |
|
Fujian market |
12700-13000 |
11600-11700 |
|
Guangdong market |
12800-13000 |
– |
4. Outlook forecast
Under trading stalemate, the more pressure the market – offer the lower cost of production is still significant because solid SBR, businesses cautious vent, wait petrochemical settlement price guide. It is reported that oil manufacturers will discuss aspects of the recent buyout price, the sales company is equally concerned about market dynamics. Supply-side listing, the market upside down, decline in value of the window to open, to buy or not to buy a slow recovery in demand next fall mentality, tomorrow SBR continued weak market adjustment.
Translated by Google Translator from http://market.cria.org.cn/25/19247.html
