合成橡胶早报-20250905

Report Summary 1. Report Industry Investment Rating No information provided regarding the industry investment rating. 2. Core View of the Report No explicit core view is presented in the provided content. The report mainly offers a comprehensive set of data on synthetic rubber, including prices, basis, spreads, processing profits, and import/export profits. 3. Summary by Relevant Catalogs BR (Butadiene Rubber) - Price and Basis: The BR price on September 4 was 11810, a daily decrease of 75 and a weekly decrease of 170. The basis and spreads showed various changes, such as the cis - butyl basis increasing by 75 daily and 120 weekly [3][4]. - Warehouse Receipts and Virtual - Real Ratio: The warehouse receipt quantity was 12540 on September 4, with no daily change but a weekly increase of 280. The virtual - real ratio decreased to 10.61 on September 4, a daily decrease of 1 and a weekly decrease of 6 [4]. - Processing and Import/Export Profits: The spot processing profit was - 67, the disk processing profit was - 157, the import profit was - 86106, and the export profit was - 306 on September 4 [4]. BD (Butadiene) - Price and Profit: The Shandong market price of BD on September 4 was 9575, a daily decrease of 25 and a weekly decrease of 15. The carbon tetrachloride extraction profit was 2137, the butene oxidative dehydrogenation profit was 186, the import profit was 377, and the export profit was - 975 [4]. Downstream Profits - Production Profits: The ABS production profit was 38, the SBS production profit (791 - H) was 20, the cis - butadiene production profit was - 157, and the styrene - butadiene production profit was 1125 on September 4 [4]. Spreads - Inter - Variety Spreads: The RU - BR spread was - 10654, the NR - BR spread was - 13879, the Thai mixed - cis - butadiene spread was 3080, and the 3L - styrene - butadiene spread was 2800 on September 4 [4]. - Intra - Variety Spreads: The cis - butadiene standard - non - standard price spread was 300, and the styrene - butadiene 1502 - 1712 spread was 1000 on September 4 [4]. BR Main Contract Market Overview - Closing Price, Position, and Volume: On August 28, the closing price of the BR main contract was 11980, the position was 30432, and the volume was 53945. On another date (not specified in detail), the closing price was 11515, the position was 41078, and the volume was 132297 [8].