合成橡胶早报-20260326

Report Title and Date - The report is titled "Synthetic Rubber Morning Report" and was released on March 26, 2026, by the Energy and Chemicals Team of the Research Center [2][3] 2. BR (Butadiene Rubber) Data 2.1 Futures Market - The closing price of the BR main contract on March 25 was 17,720, with a daily change of 920 and a weekly change of 2,460 [4] - The open interest was 115,005, up 40,340 from the previous day and 48,631 from the previous week [4] - The trading volume was 890,104, an increase of 292,353 from the previous day and 617,282 from the previous week [4] - The warrant quantity was 47,910, up 60 from the previous day and 260 from the previous week [4] - The long - short ratio was 12.00, with a daily change of 4 and a weekly change of 5 [4] 2.2 Basis and Spread - The basis of cis - butadiene rubber was - 320, with a daily change of - 820 and a weekly change of - 360 [4] - The basis of styrene - butadiene rubber was 80, with a daily change of - 920 and a weekly change of - 360 [4] - The spread between 05 - 06 contracts was 300, with a daily change of 190 [4] - The spread between 06 - 07 contracts was 285, with a daily change of 35 and a weekly change of 305 [4] - The spread between RU - BR was - 1,290, with a daily change of - 715 and a weekly change of - 2,430 [4] - The spread between NR - BR was - 4,155, with a daily change of - 665 and a weekly change of - 2,000 [4] 2.3 Spot Market - The Shandong market price was 17,400, up 100 from the previous day and 2,100 from the previous week [4] - The Transfar market price was 17,400, unchanged from the previous day and up 2,100 from the previous week [4] - The Qilu ex - factory price was 18,500, unchanged from the previous day and up 2,700 from the previous week [4] - CFR Northeast Asia was 2,350, unchanged from the previous day and up 250 from the previous week [4] - CFR Southeast Asia was 2,600, unchanged from the previous day and up 325 from the previous week [4] 2.4 Profit - The spot processing profit was - 3,211, up 202 from the previous day and down 1,215 from the previous week [4] - The import profit was - 1,398, up 109 from the previous day and up 105 from the previous week [4] - The export profit was 2,151, with a daily change of - 95 and a weekly change of 457 [4] 3. BD (Butadiene) Data 3.1 Spot Market - The Shandong market price on March 25 was 18,050, down 100 from the previous day and up 3,250 from the previous week [4] - The Jiangsu market price was 18,550, up 350 from the previous day and up 3,300 from the previous week [4] - The Yangzi ex - factory price was 18,000, unchanged from the previous day and up 2,800 from the previous week [4] - CFR China was 2,350, up 50 from the previous day and up 300 from the previous week [4] 3.2 Profit - The ethylene cracking profit on March 24 was 73 [4] - The carbon - four extraction profit on March 24 was 7,174 [4] - The price of BD on March 25 was 6,530, unchanged from the previous day and up 1,690 from the previous week [4] - The import profit was 96, down 31 from the previous day and up 918 from the previous week [4] - The export profit was - 1,125, up 861 from the previous day and up 4,045 from the previous week [4] - The styrene - butadiene production profit was 50, unchanged from the previous day and up 438 from the previous week [4]