永安合成橡胶早报-20250902

Group 1: Report Overview - Report Title: "Yongan Synthetic Rubber Morning Report" [2] - Report Date: September 2, 2025 [3] - Research Team: Research Center Energy and Chemicals Team [3] Group 2: BR Main Contract Disk Overview - Closing Price of Main Contract: On September 1, it was 11,895, a decrease of 5 from the previous day and 115 from July 31 [3] - Open Interest of Main Contract: On September 1, it was 33,170, a decrease of 2,323 from the previous day and 13,535 from July 31 [3] - Trading Volume of Main Contract: On September 1, it was 113,113, an increase of 25,436 from the previous day and a decrease of 42,291 from July 31 [3] - Warehouse Receipt Quantity: On September 1, it was 12,440, an increase of 180 from the previous day and a decrease of 30 from July 31 [3] - Virtual-to-Physical Ratio: On September 1, it was 13.33, a decrease of 1 from the previous day and 5 from July 31 [3] Group 3: BR Price Structure - Basis and Spread: - Butadiene Rubber Basis: On September 1, it was 5, a decrease of 45 from the previous day and an increase of 115 from July 31 [3] - Butadiene Rubber Basis (Two Oil): On September 1, it was 205, an increase of 5 from the previous day and 315 from July 31 [3] - Styrene-Butadiene Rubber Basis: On September 1, it was 5, an increase of 5 from the previous day and 215 from July 31 [3] - August - September Spread: On September 1, it was 125, an increase of 20 from the previous day and 105 from July 31 [3] - September - October Spread: On September 1, it was -20, a decrease of 35 from the previous day and an increase of 5 from July 31 [3] - Spot Prices: - Shandong Market Price: On September 1, it was 11,900, a decrease of 50 from the previous day and unchanged from July 31 [3] - Chuanhua Market Price: On September 1, it was 11,800, unchanged from the previous day and an increase of 50 from July 31 [3] - Qilu Factory Price: On September 1, it was 12,100, unchanged from the previous day and an increase of 200 from July 31 [3] - CFR Northeast Asia: On September 1, it was 1,500, an increase of 25 from the previous day and 50 from July 31 [3] - CFR Southeast Asia: On September 1, it was 1,700, a decrease of 25 from the previous day and 25 from July 31 [3] Group 4: BD Processing and Import/Export - Carbon Tetrachloride Extraction Profit: On September 1, the data was N/A [4] - Butene Oxidative Dehydrogenation Profit: On September 1, it was 186, a decrease of 50 from the previous day and 170 from July 31 [4] - Import Profit: On September 1, it was 377, a decrease of 50 from the previous day and 57 from July 31 [4] - Export Profit: On September 1, it was -975, an increase of 44 from the previous day and 230 from July 31 [4] - Butadiene Rubber Production Profit: On September 1, it was -46, a decrease of 31 from the previous day and 166 from July 31 [4] Group 5: Downstream Profits - Styrene-Butadiene Rubber Production Profit: On September 1, it was 1,075, unchanged from the previous day and an increase of 138 from July 31 [4] - ABS Production Profit: On September 1, the data was N/A [4] - SBS Production Profit (791-H): On September 1, the data was not provided, a decrease of 125 from the previous available data and 180 from July 31 [4] Group 6: Price Spreads - Variety-to-Variety Spreads: - Thai Mixed - Butadiene Rubber: On September 1, it was 2,920, an increase of 70 from the previous day and a decrease of 30 from July 31 [4] - 3L - Styrene-Butadiene Rubber: On September 1, it was 2,650, unchanged from the previous day and a decrease of 100 from July 31 [4] - Variety - Internal Spreads: - Butadiene Rubber Standard - Non - Standard Price Difference: On September 1, it was 250, unchanged from the previous day and July 31 [4] - Styrene-Butadiene Rubber 1502 - 1712: On September 1, it was 1,050, unchanged from the previous day and an increase of 50 from July 31 [4]