合成橡胶早报-20250515

Group 1: Report Overview - The report is the Yongan Synthetic Rubber Morning Report, released on May 15, 2025, by the Energy and Chemicals Team of the Research Center [2] Group 2: BR (Butadiene Rubber) Market Data Futures - BR2505 closing price on May 14 was 12,380, with a daily change of 930 and an interval change of 1,005 compared to April 16 [3] - BR2505 open interest on May 14 was 26,505, with a daily change of 2,385 and an interval change of 1,401 [3] - BR2505 trading volume on May 14 (at 15:11) was 211,375, with a daily change of 100,641 and an interval change of 89,872 [3] Warehouse Receipts - The number of warehouse receipts on May 14 was 11,480, with a daily change of -150 and an interval change of -350 [3] Ratios - The virtual - to - real ratio on May 14 was 11.54, with a daily change of 7 [3] Basis and Spread - The basis (cis - butadiene - BR) on May 14 was - 135, with a daily change of - 235 and an interval change of - 210 [3] - The basis (styrene - butadiene - BR) on May 14 was 265, with a daily change of - 485 and an interval change of - 460 [3] - The monthly spread (03 - 04) on May 14 was 130, with a daily change of 0 [3] - The monthly spread (04 - 05) on May 14 was - 45, with a daily change of 5 [3] Spot Prices - Shandong market price on May 14 was 13,650, with a daily change of 1,950 and an interval change of 2,050 [3] - Zhejiang Transfar market price on May 14 was 13,500, with a daily change of 1,950 and an interval change of 2,050 [3] - Qilu ex - factory price on May 14 was 13,700, with a daily change of 2,000 and an interval change of 2,000 [3] International Prices - CFR Northeast Asia on May 14 was 1,750, with a daily change of 300 and an interval change of 300 [3] - CFR Southeast Asia on May 14 was 2,000, with a daily change of 225 and an interval change of 200 [3] - FOB China on May 14 was 1,750, with a daily change of 225 and an interval change of 225 [3] Processing and Trade Profits - Spot processing profit on May 14 was 179, with a daily change of 522 and an interval change of 367 [3] - Futures processing profit on May 14 was 164, with a daily change of 757 and an interval change of 577 [3] - Import profit on May 14 was - 1,214, with a daily change of - 464 and an interval change of - 414 [3] - Export profit on May 14 was 1,981, with a daily change of - 96 and an interval change of - 320 [3] Group 3: BD (Butadiene) Market Data Spot Prices - Shandong market price on May 14 was 11,050, with a daily change of 1,400 and an interval change of 1,650 [3] - Jiangsu market price on May 14 was 11,000, with a daily change of 1,650 and an interval change of 1,800 [3] - Yangzi ex - factory price on May 14 was 11,100, with a daily change of 1,800 and an interval change of 2,000 [3] - CFR China on May 14 was 11,082 (with N/A for daily change and an interval change of 2,783) [3] Processing Profits - Carbon four extraction profit on May 14 was 3,459, with a daily change of 929 and an interval change of 1,313 [3] - Butene oxidative dehydrogenation profit on May 14 was 816, with a daily change of 280 and an interval change of 710 [3] Trade Profits - Import profit on May 14 was - 139 (with N/A for daily change and an interval change of - 1,024) [3] - Export profit on May 14 was - 576 (with N/A for daily change and an interval change of 859) [3] Group 4: Downstream Product Profits - Cis - butadiene production profit on May 14 was 179, with a daily change of 522 and an interval change of 367 [3] - Styrene - butadiene production profit on May 14 was 1,075, with a daily change of 275 and an interval change of 300 [3] - ABS production profit on May 14 was 418 (with N/A for daily change and an interval change of - 170) [3] - SBS production profit (791 - H) on May 14 was 330, with a daily change of - 160 and an interval change of - 240 [3] Group 5: Price Spreads Inter - product Spreads - RU - BR on May 14 was 3,340, with a daily change of 170 and an interval change of - 95 [3] - NR - BR on May 14 was 1,085, with a daily change of 120 and an interval change of - 115 [3] - Thai mixed - cis - butadiene on May 14 was 3,000, with a daily change of 370 and an interval change of 200 [3] - 3L - styrene - butadiene on May 14 was 3,450, with a daily change of - 50 and an interval change of - 300 [3] - Cis - butadiene standard - non - standard price spread on May 14 was 250, with a daily change of - 50 and an interval change of - 50 [3] Intra - product Spreads - Styrene - butadiene 1502 - 1712 on May 14 was 1,700, with a daily change of 650 and an interval change of 650 [3]