永安合成橡胶早报-20250916

Group 1: Report Information - Report Name: Yongan Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [2] - Report Date: September 15, 2025 [2] Group 2: BR (Butadiene Rubber) Contract and Market Data - On September 12, the closing price of the main contract was 11,615, a daily decrease of 40 and a weekly decrease of 202 [3] - The position volume of the main contract was 21,059, a daily decrease of 1,184 and a weekly decrease of 12,435 [3] - The trading volume of the main contract was 52,955, a daily decrease of 9,245 and a weekly decrease of 84,362 [3] - The warehouse receipt quantity was 13,670, with no daily change and a weekly increase of 930 [3] - The long - short ratio was 7.70, with no daily change and a weekly decrease of 5 [3] Price and Spread - The Shandong market price was 11,700, a daily decrease of 50 and a weekly decrease of 250 [3] - The Chuanhua market price was 11,550, with no daily change and a weekly decrease of 350 [3] - The Qilu ex - factory price was 11,900, with no daily change and a weekly decrease of 200 [3] - The CFR Northeast Asia price was 1,515, with no daily change and a weekly increase of 15 [3] - The CFR Southeast Asia price was 1,700, with no daily and weekly changes [3] - The spot processing profit was - 114, with a weekly decrease of 21 [3] - The on - disk processing profit was - 199, a daily increase of 11 and a weekly decrease of 366 [3] - The import profit was - 84,597, a daily decrease of 115 and a weekly increase of 1,459 [3] - The export profit was - 35, a daily increase of 50 and a weekly increase of 314 [3] Spread Analysis - The Shun - Ding county spread was 85, a daily decrease of 10 and a weekly increase of 345 [3] - The Shun - Ding basis (two - oil) was 285, a daily increase of 40 and a weekly increase of 335 [3] - The 8 - 9 month spread was 60, a daily decrease of 5 and a weekly decrease of 10 [3] - The 9 - 10 month spread was 60, a daily decrease of 135 and a weekly increase of 20 [3] Group 3: BD (Butadiene) Price and Profit - The Shandong market price was 9,425, a daily decrease of 50 and a weekly decrease of 225 [3] - The Jiangsu market price was 9,200, a daily decrease of 75 and a weekly decrease of 300 [3] - The Yangzi ex - factory price was 9,250, with no daily change and a weekly decrease of 250 [3] - The CFR China price was 1,095, with no daily and weekly changes [3] - The carbon - four extraction profit was 2,041, a daily increase of 44 and a weekly decrease of 167 [3] - The butene oxidative dehydrogenation profit was 36, a daily decrease of 75 and a weekly decrease of 300 [3] - The import profit was 236, a daily decrease of 81 and a weekly decrease of 291 [3] - The export profit was - 852, a daily increase of 70 and a weekly increase of 432 [3] Downstream Profit - The Shun - Ding production profit was - 199, a daily increase of 11 and a weekly decrease of 366 [3] - The styrene - butadiene production profit was 1,113, with no daily change and a weekly decrease of 13 [3] - The ABS production profit data was unavailable on September 12 [3] - The SBS 791 - H production profit was 825, with no daily change and a weekly decrease of 125 [3] Group 4: Variety Spreads Inter - Variety Spreads - The RU - BR spread was - 5,239, a daily increase of 1,099 and a weekly increase of 11,930 [3] - The NR - BR spread was - 8,504, a daily increase of 1,119 and a weekly increase of 11,900 [3] - The Thai mixed - Shun - Ding spread was 3,280, a daily increase of 30 and a weekly decrease of 70 [3] - The 3L - styrene - butadiene spread was 3,050, a daily increase of 50 and no weekly change [3] - The Shun - Ding standard - non - standard price spread was 250, with no daily change and a weekly increase of 50 [3] Intra - Variety Spreads - The styrene - butadiene 1502 - 1712 spread was 1,000, with no daily and weekly changes [3]