Report Information - Report Title: Yongan Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [2] - Report Date: June 16, 2025 [2] Key Data Highlights BR (Butadiene Rubber) - Price and Volume: The closing price of the main contract was 11,390 on June 13, up 355 from the previous day and 90 from May 14. The trading volume was 206,269, an increase of 84,393 from the previous day and 46,762 from May 14. The open interest decreased by 1,302 to 19,801 compared to the previous day and 5,079 from May 14 [3]. - Warehouse Receipts: The number of warehouse receipts was 12,520 on June 13, a decrease of 300 from the previous day but an increase of 720 from May 14 [3]. - Basis and Spread: The butadiene basis (two - oil) was 410 on June 13, a decrease of 155 from the previous day but an increase of 110 from May 14. The 6 - 7 month spread was -70, a decrease of 250 from the previous day and 85 from May 14 [3]. - Market Price: The Shandong market price was 11,700 on June 13, an increase of 150 from the previous day and 100 from May 14. The Qilu ex - factory price was 11,800, an increase of 200 from the previous day and 200 from May 14 [3]. - Profit: The spot processing profit was -37 on June 13, a decrease of 3 from the previous day but an increase of 508 from May 14. The import profit was -84,605, a decrease of 1,618 from the previous day and 1,455 from May 14 [3]. BD (Butadiene) - Market Price: The Shandong market price was 9,350 on June 13, an increase of 150 from the previous day but a decrease of 400 from May 14. The CFR China price was 1,080, unchanged from the previous day and a decrease of 40 from May 14 [3]. - Profit: The butene oxidative dehydrogenation profit was 264 on June 13, an increase of 188 from the previous day but a decrease of 472 from May 14. The import profit was 482, an increase of 287 from the previous day and 181 from May 14 [3]. Downstream Products - Profit: The butadiene - styrene production profit was 488 on June 13, unchanged from the previous day and an increase of 200 from May 14. Some downstream product profit data such as ABS and SBS (791 - H) were marked as unavailable [3]. Variety Spreads - Inter - Variety Spreads: The RU - BR spread was -5,926 on June 13, an increase of 1,592 from the previous day and 5,304 from May 14. The NR - BR spread was -7,696, an increase of 1,477 from the previous day [3]. - Intra - Variety Spreads: The butadiene standard - non - standard price difference was 250 on June 13, a decrease of 150 from the previous day but an increase of 50 from May 14. The butadiene - styrene 1502 - 1712 spread was 1,050, an increase of 50 from the previous day and 50 from May 14 [3]
永安合成橡胶早报-20250616
Yong An Qi Huo·2025-06-16 02:21