永安期货合成橡胶早报-20250801

Report Information - Report Name: Yongan Synthetic Rubber Morning Report [2][11] - Release Date: August 1, 2025 [2][11] - Research Team: Energy and Chemicals Team of the Research Center [2][11] Core Data BR (Butadiene Rubber) - Futures Market: On July 31, the closing price of the main contract was 11,495, down 280 from the previous day and 790 from the previous week; the open interest was 34,820, down 4,870 from the previous day and 14,008 from the previous week; the trading volume was 93,023, down 7,369 from the previous day and 55,619 from the previous week [3][12] - Spot Market: The Shandong market price was 11,700, down 100 from the previous day and 400 from the previous week; the Chuanhua market price was 11,450, down 350 from the previous day and 450 from the previous week; the Qilu ex - factory price was 11,800, down 300 from the previous day and 400 from the previous week [3][12] - Price Difference and Spread: The cash - and - carry spread of cis - butadiene was 205, up 180 from the previous day and 390 from the previous week; the 8 - 9 month spread was 205, up 205 from the previous day and 180 from the previous week [3][12] - Profit: The spot processing profit was 167, up 2 from the previous day and 110 from the previous week; the import profit was - 84,506, up 2,570 from the previous day and 2,534 from the previous week [3][12] BD (Butadiene) - Spot Market: The Shandong market price was 9,150, down 100 from the previous day and 500 from the previous week; the Jiangsu market price was 9,200, down 100 from the previous day and 450 from the previous week; the Yangzi ex - factory price was 9,400, unchanged from the previous day and down 300 from the previous week [3][12] - Profit: The butene oxidative dehydrogenation profit was 176, down 100 from the previous day and 590 from the previous week; the import profit was 210, down 79 from the previous day and 397 from the previous week [3][12] Downstream Products Profit - The profit of butadiene styrene rubber production was 725, down 200 from the previous day; the profit of ABS production was 261, up 29 from the previous day and down 57 from the previous week; the profit of SBS (791 - H) production was 930, unchanged from the previous day and up 410 from the previous week [3][12] Variety - to - Variety Spread - The spread between RU - BR was - 20,260, up 4,485 from the previous day and 13,323 from the previous week; the spread between NR - BR was - 22,545, up 4,570 from the previous day and 13,163 from the previous week; the spread between Thai mixed rubber and cis - butadiene was 2,550, down 200 from the previous day and 250 from the previous week [3][12]