合成橡胶早报-20251021

Report Industry Investment Rating - There is no information about the industry investment rating in the provided content. 2. Core Viewpoint - There is no clear core viewpoint explicitly stated in the provided content. 3. Summary by Relevant Catalogs 3.1 BR (Butadiene Rubber) - Price and Trading Volume Indicators: The closing price of the main contract on 10/17 was 10,925, a daily decrease of 210 and a weekly increase of 145. The open interest of the main contract was 17,001, with a daily decrease of 1,410 and a weekly decrease of 12,074. The trading volume of the main contract was 57,027, a daily decrease of 19,877 and a weekly decrease of 7,984. The warrant quantity remained unchanged at 8,750 [3]. - Basis and Spread: The butadiene basis was 125 on 10/17, a daily increase of 210 and a weekly decrease of 145. The 10 - 11 month spread was 290, a daily increase of 345 and a weekly increase of 400. The 11 - 12 month spread was 100, a daily increase of 15 and a weekly increase of 65 [3]. - Market Prices: The Shandong market price was 11,050, unchanged from the previous day and week. The Transfar market price was 10,900, unchanged from the previous day and a weekly increase of 100. The Qilu ex - factory price was 11,200, unchanged [3]. - Processing and Import - Export Profits: The spot processing profit was 53, a daily increase of 26 and a weekly decrease of 26. The on - disk processing profit was - 73, a daily decrease of 182 and a weekly increase of 120. The import profit was - 79,618, a daily increase of 4 and a weekly increase of 184. The export profit was 424, unchanged from the previous day and a weekly decrease of 21 [3]. 3.2 BD (Butadiene) - Market Prices: The Shandong market price on 10/17 was 8,622, a daily decrease of 25. The Jiangsu market price was 8,550, unchanged from the previous day and a weekly increase of 100. The Yangzi ex - factory price was 8,600, unchanged [3]. - Processing and Import - Export Profits: The carbon - four extraction profit data was incomplete. The butylene oxidative dehydrogenation profit was - 124, unchanged from the previous day and a weekly increase of 100. The import profit was 350, a daily increase of 81 and a weekly increase of 278. The export profit was - 892, a daily decrease of 72 and a weekly decrease of 529 [3]. - Downstream Profits: The butadiene - styrene production profit was 750, with incomplete daily data and a weekly decrease of 175. The ABS production profit data was incomplete. The SBS production profit (791 - H) was 760, a daily increase of 30 and a weekly increase of 30 [3]. 3.3 Variety - to - Variety Spreads - BR - Related Spreads: The RU - BR spread was - 2,306 on 10/17, a daily increase of 1,205 and a weekly increase of 11,924. The NR - BR spread was - 4,776, a daily increase of 1,320 and a weekly increase of 12,309 [3]. - Other Spreads: The Thai mixed - butadiene rubber spread was 3,500, a daily decrease of 130 and a weekly increase of 100. The 3L - butadiene - styrene spread was 3,400, a daily decrease of 100 and a weekly decrease of 50 [3]. 3.4 Intra - Variety Spreads - The butadiene standard - non - standard price spread was 300 on 10/17, a daily increase of 50 and a weekly decrease of 100. The butadiene - styrene 1502 - 1712 spread was 950, unchanged from the previous day and a weekly decrease of 50 [3].