Report Information - Report Title: Yongan Synthetic Rubber Morning Report [2] - Research Team: Research Center's Energy and Chemicals Team [3] - Report Date: July 18, 2025 [3] Key Data Summary BR (Butadiene Rubber) - Price and Position: On July 17, the closing price of the main contract was 11,570, up 45 from the previous day and down 45 week - on - week; the position of the main contract was 18,411, down 2,292 from the previous day and down 8,895 week - on - week; the trading volume of the main contract was 69,387, up 11,938 from the previous day and down 34,296 week - on - week [4]. - Warehouse Receipt and Ratio: The number of warehouse receipts was 9,700, unchanged from the previous day and up 1,100 week - on - week; the virtual - to - real ratio was 9.49, down 1 from the previous day and down 6 week - on - week [4]. - Basis and Spread: The butadiene rubber basis was 30, up 55 from the previous day and up 145 week - on - week; the 7 - 8 spread was - 40, up 90 from the previous day and down 25 week - on - week; the 8 - 9 spread was - 50, down 25 week - on - week [4]. - Market Price: The Shandong market price was 11,600, up 100 from the previous day and up 100 week - on - week; the Chuanhua market price was 11,500, unchanged from the previous day and up 250 week - on - week; the Qilu ex - factory price was 11,700, unchanged from the previous day and up 100 week - on - week [4]. - Profit: The spot processing profit was - 188, down 2 from the previous day and down 104 week - on - week; the on - screen processing profit was - 218, down 57 from the previous day and down 249 week - on - week; the import profit was - 83,823, up 20 from the previous day and down 765 week - on - week [4]. BD (Butadiene) - Market Price: The Shandong market price was 9,400, up 100 from the previous day and up 200 week - on - week; the Jiangsu market price was 9,400, up 50 from the previous day and up 250 week - on - week; the Yangzi ex - factory price was 9,400, up 100 from the previous day and up 400 week - on - week [4]. - Profit: The carbon four extraction profit was N/A; the butene oxidative dehydrogenation profit was 446, up 190 from the previous day and up 530 week - on - week; the import profit was 651, up 124 from the previous day and up 245 week - on - week; the export profit was - 1,293, down 38 from the previous day and down 357 week - on - week [4]. Downstream Products - Production Profit: The ABS production profit was 518, up 73 from the previous day and up 210 week - on - week; the SBS (791 - H) production profit was 670, down 70 from the previous day and down 135 week - on - week [4]. Spread - Inter - Variety Spread: The RU - BR spread was - 3,746, up 2,457 from the previous day and up 9,155 week - on - week; the NR - BR spread was - 5,826, up 2,387 from the previous day and up 9,080 week - on - week; the Thai mixed - butadiene rubber spread was 2,820, up 20 from the previous day and up 120 week - on - week [4]. - Intra - Variety Spread: The butadiene rubber standard - non - standard price spread was 200, unchanged from the previous day and down 100 week - on - week; the styrene - butadiene rubber 1502 - 1712 spread was 1,150, up 50 from the previous day and up 50 week - on - week [4].
永安合成橡胶早报-20250718
Yong An Qi Huo·2025-07-18 00:42