永安期货合成橡胶早报-20250731

Report Industry Investment Rating There is no information provided regarding the report's industry investment rating. 2. Core Viewpoint There is no explicit core viewpoint presented in the provided content. 3. Summary by Relevant Catalogs BR (Butadiene Rubber) - Contract and Market Data: The closing price of the main contract on July 30 was 11,775, a daily decrease of 60 and an interval decrease of 100 compared to previous periods. The open interest of the main contract was 39,690, with a daily decrease of 1,446 and an interval decrease of 8,901. The trading volume was 100,392, a daily decrease of 4,222 and an interval decrease of 24,690. The warehouse receipt quantity remained unchanged at 10,190 compared to the previous day, with an interval increase of 350 [3][12]. - Basis and Spread: The butadiene - styrene basis was 425 on July 30, with a daily increase of 60 and no interval change. The 8 - 9 month spread was -50, a daily decrease of 20 and an interval decrease of 85. The 9 - 10 month spread was 25, a daily decrease of 5 and an interval increase of 5 [3][12]. - Market Price: The Shandong market price was 11,800, a daily decrease of 50 and an interval decrease of 100. The Chuanhua market price remained at 11,800, with no daily change and an interval increase of 50. The Qilu ex - factory price remained at 12,100, with no daily change and an interval increase of 100. CFR Northeast Asia was 1,475, with no daily change and an interval increase of 25. CFR Southeast Asia was 1,750, with no daily change and an interval increase of 20 [3][12]. - Profitability: The spot processing profit was 113 (the specific change is unclear from the incomplete data), with a daily increase of 52. The on - screen processing profit was 140, a daily increase of 42 and an interval increase of 359. The import profit was -86,839, a daily decrease of 36 and an interval decrease of 1,014. The export profit was -332, a daily increase of 42 and an interval increase of 277 [3][12]. BD (Butadiene) - Market Price: The Shandong market price was 9,250, a daily decrease of 100 and an interval decrease of 450. The Jiangsu market price was 9,300, a daily decrease of 100 and an interval decrease of 300. The Yangzi ex - factory price remained at 9,400, with no daily change and an interval decrease of 200. CFR China was 1,090, a daily decrease of 10 and an interval decrease of 10 [3][12]. - Profitability: The carbon - four extraction profit data was incomplete. The butene oxidative dehydrogenation profit was 276, a daily decrease of 100 and an interval decrease of 440. The import profit was 310, a daily decrease of 18 and an interval decrease of 228. The export profit was -1,064, a daily increase of 86 and an interval increase of 340 [3][12]. Downstream Profit - The ABS production profit was 232, a daily decrease of 22 and an interval decrease of 94. The SBS production profit (791 - H) remained at 930, with no daily change and an interval increase of 340 [3][12]. Spread - Inter - Variety Spread: RU - BR was -24,745, a daily increase of 1,381 and an interval increase of 8,841. NR - BR was -27,115, a daily increase of 1,351 and an interval increase of 8,701. The Thai mixed - butadiene rubber spread was 2,750, with no daily change and an interval increase of 50 [3][12]. - Intra - Variety Spread: The difference between standard and non - standard butadiene rubber remained at 250, with no daily or interval change. The difference between butadiene styrene 1502 and 1712 remained at 1,100, with no daily or interval change [3][12].