合成橡胶早报-20260127

Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: January 27, 2026 [3] - Data Source: Mysteel, Wind [8] Key Points 1. BR (Butadiene Rubber) Futures Market - The closing price of the BR main contract on January 26 was 13,265, with a daily increase of 335 and a weekly increase of 1,680 [4]. - The open interest on January 26 was 91,654, a daily decrease of 35,722 and a weekly increase of 652 [4]. - The trading volume on January 26 was 747,469, a daily increase of 390,791 and a weekly increase of 641,385 [4]. - The warrant quantity on January 26 was 27,520, a daily increase of 600 and a weekly increase of 3,190 [4]. - The long - short ratio on January 26 was 16.65, a daily decrease of 7 and a weekly decrease of 2 [4]. Basis, Spread, and Inter - variety Spread - The butadiene rubber basis on January 26 was - 365, a daily decrease of 135 and a weekly decrease of 330 [4]. - The styrene - butadiene rubber basis on January 26 was - 65, a daily change of 0 and a weekly decrease of 380 [4]. - The 02 - 03 spread on January 26 was - 100, a daily decrease of 25 and a weekly decrease of 45 [4]. - The 03 - 04 spread on January 26 was 40, a daily increase of 70 and a weekly increase of 80 [4]. - The RU - BR spread on January 26 was 2,962, a daily decrease of 420 and a weekly decrease of 1,070 [4]. - The NR - BR spread on January 26 was - 180, a daily decrease of 345 and a weekly decrease of 1,145 [4]. Spot Market - The Shandong market price on January 26 was 12,900, a daily increase of 200 and a weekly increase of 1,350 [4]. - The Transfar market price on January 26 was 12,900, a daily increase of 200 and a weekly increase of 1,450 [4]. - The Qilu ex - factory price on January 26 was 12,700, with no daily change and a weekly increase of 1,000 [4]. - The CFR Northeast Asia price remained at 1,550 on January 26, with no daily or weekly change [4]. - The CFR Southeast Asia price remained at 1,750 on January 26, with no daily or weekly change [4]. Profit Situation - The spot processing profit on January 26 was - 571, a daily increase of 149 and a weekly decrease of 231 [4]. - The import profit on January 26 was 206, a daily increase of 219 and a weekly increase of 1,346 [4]. - The export profit on January 26 was 325, a daily decrease of 191 and a weekly decrease of 1,171 [4]. 2. BD (Butadiene) Spot Market - The Shandong market price on January 26 was 11,050, a daily increase of 50 and a weekly increase of 1,250 [4]. - The Jiangsu market price on January 26 was 10,900, a daily increase of 200 and a weekly increase of 1,600 [4]. - The Yangzi ex - factory price on January 26 was 10,800, a daily increase of 300 and a weekly increase of 1,400 [4]. - The CFR China price on January 26 was 1,250, a daily increase of 50 and a weekly increase of 70 [4]. Profit Situation - The carbon - four extraction profit was 3,228 (data for January 23, subsequent data is N/A) [4]. - The butene oxidative dehydrogenation profit on January 26 was 2,310, a daily increase of 200 and a weekly increase of 1,600 [4]. - The import profit on January 26 was 914, a daily decrease of 179 and a weekly increase of 1,046 [4]. - The export profit data has many N/A values and cannot be accurately summarized. 3. Other Product Production Profits - The styrene - butadiene production profit on January 26 was 275, a daily increase of 75 and a weekly decrease of 275 [4]. - The ABS production profit data has many N/A values and cannot be accurately summarized. - The SBS production profit on January 26 was - 1,270, a daily increase of 190 and a weekly decrease of 730 [4].