Report Information - Report Title: Yongan Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [2] - Report Date: September 19, 2025 [2] Core Data Summary BR (Butadiene Rubber) - Price and Volume: The closing price of the main contract was 11,415, down 175 from the previous day and 240 from the previous week. The open interest of the main contract was 74,503, an increase of 7,604 from the previous day and 52,260 from the previous week. The trading volume of the main contract was 116,114, an increase of 42,925 from the previous day and 53,914 from the previous week [3]. - Basis and Spread: The basis of butadiene rubber was 135, up 40 from the previous week. The 8 - 9 month spread was 165, up 100 from the previous week. The 9 - 10 month spread was 145, down 5 from the previous day and 50 from the previous week [3]. - Spot Price: The Shandong market price was 11,550, down 150 from the previous day and 200 from the previous week. The Chuanhua market price was 11,450, down 100 from the previous day and 100 from the previous week. The Qilu ex - factory price was 11,700, down 200 from the previous day and 200 from the previous week [3]. - Processing and Import/Export: The spot processing profit was - 264, down 125 from the previous day and 149 from the previous week. The on - screen processing profit was - 399, down 150 from the previous day and 189 from the previous week. The import profit was - 82,873, up 1,455 from the previous day and 1,609 from the previous week. The export profit was 137, up 131 from the previous day and 223 from the previous week [3]. BD (Butadiene) - Price: The Shandong market price was 9,425, down 25 from the previous day and 50 from the previous week. The Jiangsu market price was 9,150, down 100 from the previous day and 125 from the previous week. The Yangzi ex - factory price was 9,250, unchanged from the previous day and the previous week [3]. - Processing and Import/Export: The carbon - four extraction profit was not available. The butene oxidative dehydrogenation profit was 56, down 30 from the previous day and 55 from the previous week. The import profit was 250, down 100 from the previous day and 66 from the previous week. The export profit was - 862, up 51 from the previous day [3]. Downstream Products - Production Profit: The butadiene styrene rubber (SBR) production profit was 938, down 175 from the previous day and 175 from the previous week. The ABS production profit was - 3, up 92 from the previous week. The SBS production profit (791 - H) was 825, unchanged from the previous day and the previous week [3]. Variety Spreads - Inter - Variety Spreads: The RU - BR spread was - 28,933, down 7,914 from the previous day and 25,295 from the previous week. The NR - BR spread was - 62,203, down 7,894 from the previous day and 52,580 from the previous week. The Thai mixed - butadiene rubber spread was 3,200, down 100 from the previous day and 50 from the previous week [3]. - Intra - Variety Spreads: The spread between standard and non - standard butadiene rubber was 150, unchanged from the previous day and down 100 from the previous week. The spread between SBR 1502 and 1712 was 1,000, unchanged from the previous day and the previous week [3].
永安合成橡胶早报-20250919
Yong An Qi Huo·2025-09-19 00:24