合成橡胶早报-20251231

Group 1: Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: December 31, 2025 [3] Group 2: BR (Butadiene Rubber) Market Data Futures - BR主力合约(12) price on December 30 was 11,565, down 35 from the previous day and up 170 from November 28 [4] - Open interest on December 30 was 49,563, down 9,640 from the previous day and down 49,450 from November 28 [4] - Trading volume on December 30 was 121,267, down 30,873 from the previous day and down 69,779 from November 28 [4] - Warehouse receipt quantity remained at 23,490 [4] - Long - short ratio on December 30 was 10.55, down 2 from the previous day and down 11 from November 28 [4] - Basis for BR on December 30 was -72, up 85 from the previous day and up 280 from November 28 [4] Basis/Spread/Inter - variety - 02 - 03 spread on December 30 was -25, down 10 from the previous day and down 15 from November 28 [4] - 03 - 04 spread on December 30 was -25, down 15 from the previous day and down 20 from November 28 [4] - RU - BR spread on December 30 was 4,105, up 40 from the previous day and down 150 from November 28 [4] - NR - BR spread on December 30 was 1,125, up 60 from the previous day and down 95 from November 28 [4] Spot - Shandong market price on December 30 was 11,500, up 50 from the previous day and up 450 from November 28 [4] - Chuanhua market price on December 30 was 11,450, unchanged from the previous day and up 500 from November 28 [4] - Qilu ex - factory price on December 30 was 11,500, up 200 from the previous day and up 400 from November 28 [4] - CFR Northeast Asia price on December 30 was 1,415, up 15 from the previous day and up 15 from November 28 [4] - CFR Southeast Asia price on December 30 was 1,635, up 10 from the previous day and up 10 from November 28 [4] Profit - Spot processing profit on December 30 was 477, down 1 from the previous day and down 290 from November 28 [4] - Import profit on December 30 was -203, down 68 from the previous day and up 368 from November 28 [4] - Export profit on December 30 was 809, up 26 from the previous day and down 356 from November 28 [4] Group 3: BD (Butadiene) Market Data Spot - Shandong market price on December 30 was 8,650, up 50 from the previous day and up 725 from November 28 [4] - Jiangsu market price on December 30 was 8,450, unchanged from the previous day and up 750 from November 28 [4] - Yangzi ex - factory price on December 30 was 8,300, unchanged from the previous day and up 500 from November 28 [4] - CFR China price had some data missing [4] Profit - Ethylene cracking profit had some data missing [4] - Carbon four extraction profit on December 29 was 1,604, subsequent data missing [4] - Butene oxidative dehydrogenation profit on December 30 was -294, up 140 from the previous day and up 960 from November 28 [4] - Import profit on December 30 was 660, unchanged from the previous day and up 497 from November 28 [4] - Export profit data had some missing values [4] Production Profit - Styrene - butadiene production profit on December 30 was 1,125, down 63 from the previous day and down 188 from November 28 [4] - ABS production profit data had some missing values [4] - SBS production profit on December 30 was -790, unchanged from the previous day and down 365 from November 28 [4] Group 4: Data Source - Data sources include Mysteel and Wind [8]