合成橡胶早报-20251128

Report Industry Investment Rating - No information provided 2. Core Viewpoints - No information provided 3. Summary by Relevant Catalogs BR (Butadiene Rubber) - Futures Data: On November 27, the BR12 main contract price was 10,400, up 40 from the previous day and 15 from the previous week; the持仓量 was 58,829, down 4,201 from the previous day and 9,418 from the previous week; the trading volume was 82,482, down 46,614 from the previous day and 84,873 from the previous week; the warrant quantity was 15,450, up 70 from the previous day and 3,420 from the previous week; the long - short ratio was 19.04, down 1 from the previous day and 9 from the previous week [4] - Basis/Spread/Inter - Variety: The 12 - 01 spread was - 52, up 5 from the previous day and 5 from the previous week; the 01 - 02 spread was 5, unchanged from the previous day and down 25 from the previous week; the RU - BR spread was 4,880, up 45 from the previous day; the NR - BR spread was 1,805, unchanged from the previous day [4] - Spot Price: The Shandong market price was 10,400, unchanged from the previous day and down 50 from the previous week; the Transfar market price was 10,250, unchanged from the previous day and down 100 from the previous week; the Qilu ex - factory price was 10,400, unchanged from the previous day and down 300 from the previous week; CFR Northeast Asia was 1,325, unchanged from the previous day and down 25 from the previous week; CFR Southeast Asia was 1,600, unchanged from the previous day and down 40 from the previous week [4] - Profit: The spot processing profit was 856, up 26 from the previous day and 103 from the previous week; the import profit was - 707, up 5 from the previous day and 205 from the previous week; the export profit was 1,637, down 5 from the previous day and 295 from the previous week [4] BD (Butadiene) - Spot Price: The Shandong market price was 7,200, down 25 from the previous day and 150 from the previous week; the Jiangsu market price was 7,000, down 25 from the previous day and 50 from the previous week; the Yangtze ex - factory price was 7,100, unchanged from the previous day and down 100 from the previous week; CFR China was 820, unchanged from the previous day and up 50 from the previous week [4] - Profit: The ethylene cracking profit was N/A, the carbon four extraction profit was N/A; the butene oxidative dehydrogenation profit was - 1,814, down 25 from the previous day and 50 from the previous week; the import profit was 288, down 22 from the previous day and 420 from the previous week; the export profit was - 1,071, up 232 from the previous day and down 978 from the previous week; the styrene - butadiene production profit was 1,363, unchanged from the previous day and down 13 from the previous week; the ABS production profit was N/A; the SBS production profit was - 302, unchanged from the previous day and up 85 from the previous week [4]