合成橡胶早报-20260202

Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: February 2, 2026 [3] - Data Sources: Mysteel, Wind [9] Summary of Key Points 1. BR (Butadiene Rubber) Futures Market - Closing Price: The closing price of the BR main contract on January 30th was 13,390, with no daily change and a weekly increase of 125 [4]. - Open Interest: The open interest on January 30th was 53,381, a daily decrease of 14,803 and a weekly decrease of 38,273 [4]. - Trading Volume: The trading volume on January 30th was 672,720, a daily increase of 204,234 and a weekly decrease of 74,749 [4]. - Warehouse Receipt Quantity: The warehouse receipt quantity on January 30th was 28,320, with no daily change and a weekly increase of 800 [4]. - Virtual - Physical Ratio: The virtual - physical ratio on January 30th was 9.42, a daily decrease of 3 and a weekly decrease of 7 [4]. Price Differences - Spread between Butadiene and Styrene - Butadiene Rubber (SBR): The spread on January 30th was -90, a daily increase of 100 and a weekly decrease of 25 [4]. - Spread between Contracts: The 02 - 03 spread on January 30th was -82, a daily decrease of 5 and a weekly increase of 5; the 03 - 04 spread was -60, a daily decrease of 5 and a weekly decrease of 100 [4]. - Spread between Different Rubber Types: The RU - BR spread on January 30th was 2,970, a daily decrease of 330 and a weekly increase of 5; the NR - BR spread was -152, a daily decrease of 220 [4]. Spot Market - Domestic Market Prices: The Shandong market price on January 30th was 12,950, with no daily change and a weekly increase of 50; the Transfar market price was 12,900, with no daily or weekly change; the Qilu ex - factory price was 13,000, with no daily or weekly change [4]. - International Market Prices: The CFR Northeast Asia price on January 30th was 1,550, with no daily or weekly change; the CFR Southeast Asia price was 1,785, with no daily change and a weekly increase of 35 [4]. Profit - Spot Processing Profit: The spot processing profit on January 30th was -164, a daily decrease of 51 and a weekly increase of 407 [4]. - Import Profit: The import profit on January 30th was 282, a daily decrease of 4 and a weekly increase of 77 [4]. - Export Profit: The export profit on January 30th was 500, a daily increase of 3 and a weekly increase of 175 [4]. 2. BD (Butadiene) Spot Market - Domestic Market Prices: The Shandong market price on January 30th was 10,700, a daily increase of 50 and a weekly decrease of 350; the Jiangsu market price was 10,600, a daily increase of 50 and a weekly decrease of 300; the Yangzi ex - factory price was 10,600, with no daily change and a weekly decrease of 200 [4]. - International Market Price: The CFR China price on January 30th was 1,270, with no daily change and a weekly increase of 70 [4]. Profit - Ethylene Cracking Profit: The ethylene cracking profit on January 29th was -27 [4]. - Carbon Tetra - Extraction Profit: The carbon tetra - extraction profit on January 29th was 3,513 [4]. - Butene Oxidative Dehydrogenation Profit: The butene oxidative dehydrogenation profit on January 30th was 1,940, a daily increase of 22 and a weekly decrease of 370 [4]. - Import Profit: The import profit on January 30th was 478, a daily increase of 47 and a weekly decrease of 829 [4]. - Export Profit: The export profit on January 30th was -1,034, a daily increase of 98 and a weekly increase of 2,471 [4]. 3. Production Profits of Related Products - SBR Production Profit: The SBR production profit on January 30th was 588, with no daily change and a weekly increase of 313 [4]. - ABS Production Profit: The ABS production profit on January 29th was -1,315 [4]. - SBS Production Profit: The SBS production profit on January 30th was -1,175, with no daily change [4].