合成橡胶早报-20260331

Report Overview - The report is a synthetic rubber morning report released by the Energy and Chemicals Team of the Research Center on March 31, 2026 [2][3] BR (Butadiene Rubber) Futures Market - On March 30, the closing price of the BR main contract was 17,725, a daily decrease of 115. The open interest was 87,205, a daily decrease of 14,951. The trading volume was 800,879, a daily decrease of 278,976. The warrant quantity was 48,800, a daily decrease of 950. The long - short ratio was 8.93, a daily decrease of 1 [4] - The basis of BR (compared to spot) was 275, a daily increase of 115. The 05 - 06 spread was 100, a daily decrease of 65. The 06 - 07 spread was 235, a daily decrease of 20. The RU - BR spread was - 1,185, a daily increase of 145. The NR - BR spread was - 3,880, a daily increase of 225 [4] Spot Market - The Shandong market price was 18,000, unchanged from the previous day, with a weekly increase of 900. The Transfar market price was 18,050, unchanged from the previous day, with a weekly increase of 850. The Qilu ex - factory price was 18,500, unchanged from the previous day and the week [4] - CFR Northeast Asia was 2,350, unchanged from the previous day, with a weekly increase of 250. CFR Southeast Asia was 2,600, unchanged from the previous day, with a weekly increase of 352 [4] Profit Situation - The spot processing profit was - 2,662, a daily increase of 102. The import profit was - 850, a daily increase of 3. The export profit was 1,677, a daily decrease of 3 [4] BD (Butadiene) Spot Market - The Shandong market price was 18,100, a daily decrease of 100, with a weekly increase of 100. The Jiangsu market price was 18,100, unchanged from the previous day, with a weekly increase of 200. The Yangzi ex - factory price was 18,000, unchanged from the previous day and the week [4] - CFR China was 2,580, a daily decrease of 20, with a weekly increase of 280 [4] Profit Situation - The ethylene cracking profit was 17 (data for March 27, data for March 30 was not available). The carbon - four extraction profit data for March 30 was not available. The butadiene oxidation dehydrogenation profit was 6,150, a daily decrease of 210, with a weekly decrease of 80 [4] - The import profit was - 2,201, a daily increase of 159. The export profit was - 345, a daily increase of 343 [4] - The styrene - butadiene production profit was - 13, a daily decrease of 100. The ABS production profit data for March 30 was not available. The SBS production profit was - 1,655, a daily decrease of 120 [4] Data sources for the report are Mysteel and Wind [8]