永安合成橡胶早报-20250903

Report Overview - The report is the Yong'an Synthetic Rubber Morning Report, released by the Research Center's Energy and Chemicals Team on September 3, 2025 [2][3] 1. Report Industry Investment Rating - No relevant content provided 2. Report's Core View - No clear core view presented in the given content 3. Summary by Related Catalogs 3.1 BR Main Contract Overview - The closing price of the main contract on September 2 was 11,820, a daily decrease of 75 and a weekly decrease of 25 [3][4] - The open interest of the main contract on September 2 was 31,283, a daily decrease of 1,887 and a weekly decrease of 11,837 [3][4] - The trading volume of the main contract on September 2 was 103,125, a daily decrease of 9,988 and a weekly decrease of 9,322 [3][4] 3.2 Price and Basis - The Shandong market price of BR on September 2 was 11,900, unchanged daily and down 50 weekly [4] - The Chuanhua market price of BR on September 2 was 11,800, unchanged daily and down 50 weekly [4] - The Qilu ex - factory price of BR remained at 12,100 from August 26 to September 2 [4] - The basis of BR (Shun Ding) on September 2 was 80, a daily increase of 75 and a weekly decrease of 25 [4] 3.3 Processing and Import/Export - The spot processing profit of BR on September 2 was - 67, a daily decrease of 26 and a weekly decrease of 76 [4] - The on - screen processing profit of BR on September 2 was - 147, a daily decrease of 101 and a weekly decrease of 51 [4] - The import profit of BR on September 2 was - 86,106, unchanged daily and an increase of 294 weekly [4] - The export profit of BR on September 2 was - 306, unchanged daily and an increase of 187 weekly [4] 3.4 BD (Butadiene) - The Shandong market price of BD on September 2 was 9,575, an increase of 25 compared to August 1 [4] - The Jiangsu market price of BD on September 2 was 9,375, a decrease of 125 compared to August 1 [4] - The Yangzi ex - factory price of BD remained at 9,500 from August 26 to September 2 [4] - The carbon four extraction profit of BD on September 1 was 2,208 [4] - The butene oxidative dehydrogenation profit of BD on September 2 was 211, a decrease of 195 compared to August 1 [4] - The import profit of BD on September 2 was 402, an increase of 187 compared to August 26 [4] - The export profit of BD on September 2 was - 997, a decrease of 22 compared to August 29 [4] 3.5 Downstream Profits - The production profit of styrene - butadiene rubber (SBR) on September 2 was 1,138, unchanged daily and an increase of 75 weekly [4] - The production profit of SBS (791 - H) on September 2 was 1,090, unchanged daily and a decrease of 110 weekly [4] - The production profit of ABS on August 29 was 33 [4] 3.6 Price Spreads - The spread between Thai mixed rubber and Shun Ding on September 2 was 2,980, an increase of 60 daily and 130 weekly [4] - The spread between 3L and SBR on September 2 was 2,650, unchanged daily and an increase of 50 weekly [4] - The spread between standard and non - standard Shun Ding remained at 250 from August 26 to September 2 [4] - The spread between SBR 1502 and 1712 on September 2 was 1,050, unchanged daily and an increase of 100 weekly [4]