合成橡胶早报-20260210

Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: February 10, 2026 [3] 2. BR (Butadiene Rubber) Data Summary Futures Data - On February 9, the closing price of the BR main contract was 12,810, up 20 from the previous day and down 375 week - on - week [4] - The position was 27,608, up 331 from the previous day and down 9,713 week - on - week [4] - The trading volume was 174,314, down 30,875 from the previous day and down 103,781 week - on - week [4] - The number of warehouse receipts was 32,270, up 100 from the previous day and up 4,380 week - on - week [4] - The long - short ratio was 4.28, unchanged from the previous day and down 2 week - on - week [4] Basis and Spread Data - The butadiene - styrene basis was 190, down 70 from the previous day and up 175 week - on - week [4] - The 02 - 03 spread was - 255, down 270 from the previous day and down 60 week - on - week [4] - The 03 - 04 spread was - 15, up 40 from the previous day and up 45 week - on - week [4] - The RU - BR spread was 3435, up 145 from the previous day and up 440 week - on - week [4] - The NR - BR spread was 340, up 80 from the previous day and up 430 week - on - week [4] Spot and Price Data - The Shandong market price was 12,500, down 200 from the previous day and down 300 week - on - week [4] - The Chuanhua market price was 12,600, down 100 from the previous day and down 100 week - on - week [4] - The Qilu ex - factory price was 12,800, unchanged from the previous day and down 200 week - on - week [4] - CFR Northeast Asia was 1700, up 75 from the previous day and up 75 week - on - week [4] - CFR Southeast Asia was 1850, up 25 from the previous day and up 25 week - on - week [4] Profit Data - The spot processing profit was - 382, down 328 from the previous day and down 224 week - on - week [4] - The import profit was - 1294, down 756 from the previous day and down 842 week - on - week [4] - The export profit was 1297, up 318 from the previous day and up 392 week - on - week [4] 3. BD (Butadiene) Data Summary Spot and Price Data - The Shandong market price was 10,475, up 125 from the previous day and down 75 week - on - week [4] - The Jiangsu market price was 10,300, up 50 from the previous day and down 200 week - on - week [4] - The Yangzi ex - factory price was 10,300, unchanged from the previous day and down 200 week - on - week [4] - CFR China was 1270, unchanged from the previous day and unchanged week - on - week [4] Profit Data - The ethylene cracking profit data on February 9 was N/A [4] - The C4 extraction profit data on February 9 was N/A [4] - The butene oxidative dehydrogenation profit was 1780, up 100 from the previous day and down 130 week - on - week [4] - The import profit was 215, up 74 from the previous day and down 166 week - on - week [4] - The export profit was - 804, down 63 from the previous day and up 2090 week - on - week [4] Production Profit Data - The styrene - butadiene production profit was 900, up 38 from the previous day and up 188 week - on - week [4] - The ABS production profit data after February 5 was N/A [4] - The SBS production profit was - 860, up 45 from the previous day and up 185 week - on - week [4]