合成橡胶早报-20251212

Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: December 12, 2025 [3] BR Main Contract Data - Price: On November 11, it was 10240; on December 5, 10410; on December 9, 10450; on December 10, 10605; on December 11, 10710, with a daily change of 105 and a weekly change of 300 [4] - Open Interest: On November 11, it was 82041; on December 5, 30197; on December 9, 76409; on December 10, 80546; on December 11, 86990, with a daily change of 6444 and a weekly change of 56793 [4] - Trading Volume: On November 11, it was 89151; on December 5, 65443; on December 9, 111045; on December 10, 126992; on December 11, 155798, with a daily change of 28806 and a weekly change of 90355 [4] - Warehouse Receipt Quantity: On November 11, it was 12610; on December 5, 13320; on December 9, 17320; on December 10, 19020; on December 11, 19320, with a daily change of 300 and a weekly change of 6000 [4] - Virtual-to-Physical Ratio: On November 11, it was 32.53; on December 5, 11.34; on December 9, 22.06; on December 10, 21.17; on December 11, 22.51, with a daily change of 1 and a weekly change of 11 [4] - Butadiene Rubber Basis: On November 11, it was 160; on December 5, 40; on December 9, 50; on December 10, -22; on December 11, -60, with a daily change of -5 and a weekly change of -100 [4] - Styrene-Butadiene Rubber Basis: On November 11, it was 560; on December 5, 540; on December 9, 550; on December 10, 445; on December 11, 490, with a daily change of 45 and a weekly change of -50 [4] BR Basis/Spread/Inter-Variety Data - 02 - 03 Spread: On November 11, it was -52; on December 5, -30; on December 9, -20; on December 10, -15; on December 11, -20, with a daily change of -5 and a weekly change of 10 [4] - 03 - 04 Spread: On November 11, it was -50; on December 5, -50; on December 9, -45; on December 10, -12; on December 11, -15, with a daily change of 0 and a weekly change of 35 [4] - RU - BR Spread: On November 11, it was 4855; on December 5, 4655; on December 9, 4535; on December 10, 4610; on December 11, 4475, with a daily change of -135 and a weekly change of -180 [4] - NR - BR Spread: On November 11, it was 1885; on December 5, 1635; on December 9, 1630; on December 10, 1665; on December 11, 1560, with a daily change of -105 and a weekly change of -75 [4] BR Spot Data - Shandong Market Price: On November 11, it was 10400; on December 5, 10450; on December 9, 10500; on December 10, 10550; on December 11, 10650, with a daily change of 100 and a weekly change of 200 [4] - Chuanhua Market Price: On November 11, it was 10250; on December 5, 10400; on December 9, 10400; on December 10, 10500; on December 11, 10580, with a daily change of 80 and a weekly change of 180 [4] - Qilu Ex - factory Price: On November 11, it was 10200; on December 5, 10600; on December 9, 10600; on December 10, 10600; on December 11, 10600, with a daily change of 0 and a weekly change of 0 [4] - CFR Northeast Asia: On November 11, it was 1400; on December 5, 1300; on December 9, 1325; on December 10, 1325; on December 11, 1325, with a daily change of 0 and a weekly change of 25 [4] - CFR Southeast Asia: On November 11, it was 1685; on December 5, 1575; on December 9, 1600; on December 10, 1600; on December 11, 1600, with a daily change of 0 and a weekly change of 25 [4] BR Profit Data - Spot Processing Profit: On November 11, it was 1086; on December 5, 906; on December 9, 905; on December 10, 802; on December 11, 775, with a daily change of -28 and a weekly change of -132 [4] - Import Profit: On November 11, it was -1366; on December 5, -442; on December 9, -579; on December 10, -529; on December 11, -428, with a daily change of 102 and a weekly change of 14 [4] - Export Profit: On November 11, it was 2297; on December 5, 1401; on December 9, 1522; on December 10, 1479; on December 11, 1390, with a daily change of -89 and a weekly change of -11 [4] BD Spot Data - Shandong Market Price: On November 11, it was 6975; on December 5, 7200; on December 9, 7250; on December 10, 7400; on December 11, 7525, with a daily change of 125 and a weekly change of 325 [4] - Jiangsu Market Price: On November 11, it was 6850; on December 5, 7050; on December 9, 7200; on December 10, 7250; on December 11, 7350, with a daily change of 100 and a weekly change of 300 [4] - Yangzi Ex - factory Price: On November 11, it was 6900; on December 5, 7100; on December 9, 7200; on December 10, 7200; on December 11, 7200, with a daily change of 0 and a weekly change of 100 [4] - CFR China: On November 11, it was 790; on December 5, 850; on December 9, 860; on December 10, 860; on December 11, 860, with a daily change of 0 and a weekly change of 10 [4] BD Profit Data - Ethylene Cracking Profit: On November 11, it was -88; on December 5, -64; on December 9, -62; on December 10, -61 [4] - Carbon - four Extraction Profit: On November 11, it was -134; on December 5, 172; on December 9, 276; on December 10, 304 [4] - BD Overall Profit: On November 11, it was -1824; on December 5, -1764; on December 9, -1614; on December 10, -1634; on December 11, -1534, with a daily change of 100 and a weekly change of 230 [4] - Import Profit: On November 11, it was 346; on December 5, 108; on December 9, 186; on December 10, 236; on December 11, 337, with a daily change of 101 and a weekly change of 229 [4] - Export Profit: On November 11, it was -982; on December 5, -1192; on December 9, -975; on December 10, -1019; on December 11, -1036, with a daily change of -17 and a weekly change of 156 [4] Other Production Profit Data - Styrene - Butadiene Rubber Production Profit: On November 11, it was 1175; on December 5, 1538; on December 9, 1450; on December 10, 1450; on December 11, 1450, with a daily change of 0 and a weekly change of -88 [4] - ABS Production Profit: On November 11, it was 56; on December 5, -697 [4] - SBS Production Profit: On November 11, it was -90; on December 5, -332; on December 9, -420; on December 10, -420; on December 11, -420, with a daily change of 0 and a weekly change of -82 [4] Data Source - Mysteel, Wind [8]