合成橡胶早报-20260320

Report Information - Report Title: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Report Date: March 20, 2026 [3] Report Core Content BR (Butadiene Rubber) Futures Market - The closing price of the BR main contract on March 19 was 15,540, with a daily change of 280 and no weekly change [4]. - The open interest on March 19 was 63,800, a daily decrease of 2,574 and a weekly increase of 39,870 [4]. - The trading volume on March 19 was 301,188, a daily increase of 28,366 and a weekly decrease of 28,350 [4]. - The warrant quantity on March 19 was 47,620, a daily decrease of 30 and a weekly increase of 1,290 [4]. - The long - short ratio on March 19 was 6.70, with no daily change and a weekly increase of 4 [4]. Basis and Spread - The butadiene rubber basis on March 19 was - 140, a daily decrease of 180 and no weekly change [4]. - The styrene - butadiene rubber basis on March 19 was 260, a daily decrease of 180 and a weekly decrease of 200 [4]. - The 05 - 06 spread on March 19 was 220, a daily decrease of 30 and a weekly increase of 15 [4]. - The 06 - 07 spread on March 19 was - 10, a daily increase of 10 [4]. - The RU - BR spread on March 19 was not fully provided, with a daily decrease of 590 and a weekly decrease of 982 [4]. - The NR - BR spread on March 19 was - 2,615, a daily decrease of 460 and a weekly decrease of 710 [4]. Spot Market - The Shandong market price on March 19 was 15,400, a daily increase of 100 and no weekly change [4]. - The Transfar market price on March 19 was 15,450, a daily increase of 150 and a weekly decrease of 50 [4]. - The Qilu ex - factory price on March 19 was 15,800, with no daily change and a weekly increase of 200 [4]. - The CFR Northeast Asia price on March 19 was 2,100, with no daily change and a weekly increase of 350 [4]. - The CFR Southeast Asia price on March 19 was 2,275, with no daily change and a weekly increase of 350 [4]. Profit - The spot processing profit on March 19 was - 2,100, a daily decrease of 104 and a weekly decrease of 153 [4]. - The import profit on March 19 was - 1,470, a daily increase of 33 and a weekly decrease of 2,793 [4]. - The export profit on March 19 was 1,668, a daily decrease of 26 and a weekly increase of 2,474 [4]. BD (Butadiene) Spot Market - The Shandong market price on March 19 was 15,000, a daily increase of 200 and a weekly increase of 150 [4]. - The Jiangsu market price on March 19 was 15,600, a daily increase of 350 and a weekly decrease of 150 [4]. - The Yangzi ex - factory price on March 19 was 15,500, a daily increase of 300 and a weekly decrease of 500 [4]. - The CFR China price on March 19 was 2,100, a daily increase of 50 and a weekly increase of 300 [4]. Profit - The ethylene cracking profit on March 17 was 25, and on March 18 was 29, with subsequent data unavailable [4]. - The carbon four extraction profit on March 17 was 4,814, and on March 18 was 4,758, with subsequent data unavailable [4]. - The butene oxidative dehydrogenation profit on March 19 was 5,050, a daily increase of 210 and a weekly decrease of 80 [4]. - The import profit on March 19 was - 925, a daily decrease of 104 and a weekly decrease of 2,553 [4]. - The export profit on March 19 was - 20, a daily increase of 781, with some data unavailable [4]. - The styrene - butadiene production profit on March 19 was - 725, a daily decrease of 338 and a weekly decrease of 150 [4]. - The ABS production profit on March 19 was - 350, a daily decrease of 335 and a weekly decrease of 846 [4]. - The SBS production profit on March 19 was - 1,370, a daily decrease of 345 and a weekly increase of 380 [4].