Report Information - Report Name: Yongan Synthetic Rubber Morning Report - Research Team: Energy and Chemicals Team of the Research Center - Date: September 2, 2025 [2][12][22] Core Data Summary BR (Butadiene Rubber) - Contract Indicators: On September 1, the closing price of the main contract was 11,895, down 5 from the previous day and 115 from the previous week; the trading volume was 113,113, up 25,436 from the previous day but down 42,291 from the previous week; the open interest was 33,170, down 2,323 from the previous day and 13,535 from the previous week; the warrant quantity was 12,440, up 180 from the previous day and down 30 from the previous week; the virtual-to-real ratio was 13.33, down 1 from the previous day and 5 from the previous week [3][13][23]. - Basis and Monthly Spread: The butadiene-styrene basis was 5 (with a weekly increase of 215), the 8 - 9 monthly spread was 125 (up 20 from the previous day and 105 from the previous week), and the 9 - 10 monthly spread was -20 (down 35 from the previous day and up 5 from the previous week) [3][13][23]. - Spot Price: The Shandong market price was 11,900/11,800 (down 50/up 0 from the previous day and up 0/50 from the previous week), the Transfar market price and Qilu ex - factory price were both 12,100 (unchanged from the previous day and up 200 from the previous week), CFR Northeast Asia was 1,500 (up 50 from the previous week), and CFR Southeast Asia was 1,700 (down 25 from the previous day and 25 from the previous week) [3][13][23]. - Processing and Import - Export Profits: The spot processing profit was -41 (down 76 from the previous day and 51 from the previous week), the on - disk processing profit was -46 (down 31 from the previous day and 166 from the previous week), the import profit was -86,106 (down 51 from the previous day and 1,141 from the previous week), and the export profit was -306 (up 222 from the previous day and 308 from the previous week) [3][13][23]. BD (Butadiene) - Price Indicators: The Shandong market price was 9,350 (down 50 from the previous day and 100 from the previous week), the Jiangsu market price was 9,350 (down 50 from the previous day and 100 from the previous week), the Yangzi ex - factory price was 9,500 (unchanged from the previous day and up 100 from the previous week), and CFR China was 1,095 (unchanged) [3][13][23]. - Processing and Import - Export Profits: The carbon tetrachloride extraction profit data was unavailable, the butene oxidative dehydrogenation profit was 186 (down 50 from the previous day and 170 from the previous week), the import profit was 377 (down 50 from the previous day and 57 from the previous week), and the export profit was -975 (up 44 from the previous day and 230 from the previous week) [3][13][23]. - Downstream Profits: The butadiene - styrene production profit was 1,075 (unchanged from the previous day and up 138 from the previous week), the ABS production profit data was unavailable, and the SBS 791 - H production profit was 1,090 (down 125 from the previous day and 180 from the previous week) [3][13][23]. Spread Indicators - Inter - Variety Spreads: The spread between Thai mixed rubber and butadiene rubber was 2,920 (up 70 from the previous day and down 30 from the previous week), the spread between 3L and butadiene - styrene rubber was 2,650 (unchanged from the previous day and down 100 from the previous week) [3][13][23]. - Intra - Variety Spreads: The spread between butadiene - styrene 1502 and 1712 was 1,050 (unchanged from the previous day and up 50 from the previous week) [3][13][23].
合成橡胶早报-20250902
Yong An Qi Huo·2025-09-02 06:02