合成橡胶早报-20251202

Group 1: Report Information - Report Name: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: December 2, 2025 [3] Group 2: BR (Butadiene Rubber) Data Futures - BR主力合约(12) price on December 1 was 10310, with a daily change of -105 and a weekly change of 40 [4] - Open interest on December 1 was 48804, with a daily change of -3217 and a weekly change of -19931 [4] - Trading volume on December 1 was 123816, with a daily change of 26675 and a weekly change of 9747 [4] - Warehouse receipt quantity on December 1 was 15840, with a daily change of 300 and a weekly change of 3340 [4] - Long - short ratio on December 1 was 15.41, with a daily change of -1 and a weekly change of -12 [4] Basis/Spread - Butadiene rubber basis on December 1 was 90, with a daily change of 55 and a weekly change of -140 [4] - Styrene - butadiene basis on December 1 was 590, with a daily change of 105 and a weekly change of -90 [4] - 12 - 01 spread on December 1 was -40 [4] - 01 - 02 spread on December 1 was 0, with a daily change of 5 and a weekly change of -15 [4] - RU - BR spread on December 1 was 4940, with a weekly change of 85 [4] - NR - BR spread on December 1 was 1860, with a daily change of 0 and a weekly change of -20 [4] Spot - Shandong market price on December 1 was 10400, with a daily change of -50 and a weekly change of -100 [4] - Transfar market price on December 1 was 10250, with a daily change of -100 and a weekly change of -50 [4] - Qilu ex - factory price on December 1 was 10400, with no daily or weekly change [4] - CFR Northeast Asia price on December 1 was 1325, with no daily or weekly change [4] - CFR Southeast Asia price on December 1 was 1600, with no daily or weekly change [4] Profit - Spot processing profit on December 1 was 805, with a daily change of -76 and a weekly change of -202 [4] - Import profit on December 1 was -698, with a daily change of -51 and a weekly change of -86 [4] - Export profit on December 1 was 1628, with a daily change of 45 and a weekly change of 73 [4] Group 3: BD (Butadiene) Data Spot - Shandong market price on December 1 was 7250, with a weekly change of 100 [4] - Yangzi ex - factory price on December 1 was 7100, with no daily change [4] - CFR China price on December 1 was 820, with no daily change and a weekly change of 50 [4] Profit - Ethylene cracking profit data after November 27 was N/A [4] - Carbon four extraction profit data after November 28 was N/A [4] - Butene oxidative dehydrogenation profit on December 1 was -1789, with a daily change of 25 and a weekly change of 75 [4] - Import profit on December 1 was 319, with a daily change of 24 and a weekly change of -317 [4] - Export profit on December 1 was -d22, with a daily change of 120 [4] Group 4: Production Profit Data - Styrene - butadiene production profit on December 1 was 1363, with no daily change and a weekly change of 50 [4] - ABS production profit data after November 28 was N/A [4] - SBS production profit on December 1 was -302, with no daily change and a weekly change of 40 [4]