Report Information - Report Title: Yong'an Synthetic Rubber Morning Report [2][12][22] - Research Team: Research Center Energy and Chemical Team [2][12][22] - Report Date: August 15, 2025 [2][12][22] Core Data Summary BR (Butadiene Rubber) - Contract and Position Data: The closing price of the main contract on August 14 was 11,645, a daily decrease of 105 and a weekly increase of 110; the position volume was 23,673, a daily decrease of 2,884 and a weekly decrease of 2,783; the trading volume was 68,153, a daily decrease of 12,028 and a weekly increase of 8,042; the warrant quantity remained at 10,470, with a weekly increase of 160; the virtual - real ratio was 11.31, a daily decrease of 1 and a weekly decrease of 2 [3][13][23]. - Basis and Spread Data: The butadiene - styrene basis was 90 higher on the week; the 8 - 9 month spread increased by 325 on the week, and the 9 - 10 month spread decreased by 25 on the week [3][13][23]. - Price and Profit Data: The Shandong market price was 11,700, a daily decrease of 100 and a weekly increase of 150; the Chuanhua market price was 11,650, a daily decrease of 50 and a weekly increase of 200; the Qilu ex - factory price remained at 11,800, with a weekly increase of 300; the CFR Northeast Asia price remained at 1,450, and the CFR Southeast Asia price was 1,735, a weekly decrease of 15; the spot processing profit was - 88, a daily decrease of 24 and a weekly increase of 125; the on - disk processing profit was - 143, a daily decrease of 29 and a weekly increase of 82; the import profit was - 84,482, a daily increase of 14 and a weekly decrease of 2,201; the export profit was - 427, a daily increase of 75 and a weekly decrease of 139 [3][13][23]. BD (Butadiene) - Price and Profit Data: The Shandong market price was 9,400, a daily decrease of 75; the Jiangsu market price was 9,300, a daily decrease of 100; the Yangzi ex - factory price remained at 9,400; the CFR China price was 1,070, a weekly decrease of 10; the carbon four extraction profit data after August 13 was unavailable; the butene oxidative dehydrogenation profit was 206, a daily decrease of 100 and unchanged on the week; the import profit was 475, a daily decrease of 90 and a weekly increase of 89; the export profit was - 1,066, a daily increase of 78 and a weekly increase of 137 [3][13][23]. Downstream Product Profits - The butadiene - styrene production profit remained at 838, with a weekly increase of 288; the ABS production profit was 221, a daily increase of 249 and unchanged on the week; the SBS (791 - H) production profit remained at 1,145, with a weekly increase of 185 [3][13][23]. Variety Spreads - The RU - BR spread was - 8,038, a daily increase of 2,719 and a weekly increase of 2,893; the NR - BR spread was - 11,183, a daily increase of 2,764 and a weekly increase of 2,923; the Thai mixed - butadiene spread was 2,720, a daily decrease of 80 and a weekly decrease of 80; the 3L - butadiene - styrene spread was 2,450, a daily decrease of 50 and a weekly decrease of 150; the butadiene - styrene 1502 - 1712 spread remained at 1,000, with a weekly decrease of 100 [3][13][23].
合成橡胶早报-20250815
Yong An Qi Huo·2025-08-15 02:12