合成橡胶早报-20250724
Yong An Qi Huo·2025-07-24 00:58
- Report Industry Investment Rating - No relevant information provided 2. Core Viewpoints of the Report - No clear core viewpoints are presented in the given content 3. Summary by Relevant Catalogs BR (Butadiene Rubber) - Market Overview: The closing price of the main contract on July 23 was 11,875, a daily decrease of 225 and a weekly increase of 350. The open interest was 48,591, a daily decrease of 760 and a weekly increase of 27,888. The trading volume was 125,082, a daily increase of 3,735 and a weekly increase of 67,633 [3][13]. - Warehouse Receipts and Ratios: The number of warehouse receipts was 9,840, a daily decrease of 10. The virtual - to - real ratio was 24.69, with no daily change and a weekly increase of 14 [3][13]. - Basis and Spread: The butadiene rubber basis (Shun Ding) was 125, a daily increase of 125 and a weekly increase of 50. The 8 - 9 month spread was 20, a daily increase of 5 and a weekly decrease of 40. The 9 - 10 month spread was 20, a daily decrease of 5 and a weekly increase of 15 [3][13]. - Spot Prices: The Shandong market price was 11,900, a daily decrease of 100 and a weekly increase of 400. The Chuanhua market price was 11,750, a daily decrease of 150 and a weekly increase of 250. The Qilu ex - factory price was 12,000, with no daily change and a weekly increase of 300 [3][13]. - Processing and Import - Export Profits: The spot processing profit was - 194, a daily increase of 2 and a weekly decrease of 8. The on - screen processing profit was - 219, a daily decrease of 123 and a weekly decrease of 58. The import profit was - 85,824, a daily decrease of 9 and a weekly decrease of 1,981. The export profit was - 608, a daily increase of 78 and a weekly decrease of 174 [3][13]. BD (Butadiene) - Market Prices: The Shandong market price was 9,700, a daily decrease of 100 and a weekly increase of 400. The Jiangsu market price was 9,600, a daily decrease of 50 and a weekly increase of 250. The Yangzi ex - factory price was 9,600, with no daily change and a weekly increase of 300. The CFR China price was 1,100, a daily increase of 50 and a weekly increase of 30 [3][13]. - Processing Profits: The carbon four extraction profit data was incomplete. The butene oxidative dehydrogenation profit was 716, a daily decrease of 50 and a weekly increase of 460. The import profit was 986, a daily decrease of 447 and a weekly increase of 11. The export profit was - 1,476, a daily increase of 37 and a weekly decrease of 365 [3][13]. Downstream Profits - The butadiene rubber production profit was - 219, a daily decrease of 123 and a weekly decrease of 58. The styrene - butadiene rubber production profit was 575, with no daily change and a weekly decrease of 75. The ABS production profit data was incomplete. The SBS 791 - H production profit was 590, with no daily change and a weekly decrease of 150 [3][13]. Spreads - Inter - Product Spreads: The Thai mixed - butadiene rubber spread was 2,700, a daily increase of 50 and a weekly decrease of 100. The 3L - styrene - butadiene rubber spread was 2,550, with no daily change and a weekly decrease of 100 [3][13]. - Intra - Product Spreads: The standard - non - standard butadiene rubber spread was 250, with no daily change and a weekly increase of 50. The styrene - butadiene rubber 1502 - 1712 spread was 1,100, with no daily change and no weekly change [3][13].