Group 1: Report Information - Report Name: Synthetic Rubber Morning Report [2] - Research Team: Energy and Chemicals Team of the Research Center [3] - Date: December 10, 2025 [3] Group 2: BR (Butadiene Rubber) Data Futures - BR主力合约(12): Price on 12/9 was 10,450, down 65 from the previous day and 125 from the previous week [4] - 持仓量: On 12/9, it was 76,409, up 48,955 from the previous day and 37,423 from the previous week [4] - 成交量: In Germany, on 12/9, it was 111,045, up 48,226 from the previous day and down 11,618 from the previous week [4] - 仓単数量: On 12/9, it was 17,320, unchanged from the previous day and up 1,870 from the previous week [4] - 虚实比: On 12/9, it was 22.06, up 14 from the previous day and 9 from the previous week [4] Basis and Spread - 顺丁基差: On 12/9, it was 50, with a daily change not provided and up 125 from the previous week [4] - 丁本县差: On 12/9, it was 520, up 115 from the previous day and 25 from the previous week [4] - 12 - 01: On 12/9, it was 20, up 10 from the previous day and 85 from the previous week [4] - 01 - 02: On 12/9, it was -20, down 5 from the previous day and 25 from the previous week [4] - RU - BR: On 12/9, it was 4,535, down 15 from the previous day and 100 from the previous week [4] - NR - BR: On 12/9, it was 1,630, up 80 from the previous day and 120 from the previous week [4] Spot - 山东市场价: On 12/9, it was 10,500, unchanged from the previous day and the previous week [4] - 传化市场价: On 12/9, it was 10,400, unchanged from the previous day and the previous week [4] - 齐鲁出厂价: On 12/9, it was 10,600, unchanged from the previous day and the previous week [4] - CFR东北亚: On 12/9, it was 1,325, up 25 from the previous day and the previous week [4] - CFR东南亚: On 12/9, it was 1,600, up 25 from the previous day and the previous week [4] Profit - 现货加工利润: On 12/9, it was 702, down 51 from the previous day and 179 from the previous week [4] - 进口利润: On 12/9, it was -579, down 190 from the previous day and 199 from the previous week [4] - 出口利润: On 12/9, it was 1,522, up 167 from the previous day and 176 from the previous week [4] Group 3: BD (Butadiene) Data Spot - 山东市场价: On 12/9, it was 7,250, down 50 from the previous day and 175 from the previous week [4] - 江苏市场价: On 12/9, it was 7,200, down 50 from the previous day and 50 from the previous week [4] - 扬子出厂价: On 12/9, it was 7,200, unchanged from the previous day and up 100 from the previous week [4] - CFR中国: On 12/9, it was 860, unchanged from the previous day and up 40 from the previous week [4] Profit - 乙烯裂解利润: Data for 12/9 was not available [4] - 碳四抽提利润: Data for 12/9 was not available [4] - 丁烯氧化脱氢利润: On 12/9, it was -1,614, down 50 from the previous day and 20 from the previous week [4] - 进口利润: On 12/9, it was 186, down 44 from the previous day and 369 from the previous week [4] - 出口利润: On 12/9, it was -975, up 39 from the previous day and 396 from the previous week [4] Production Profit - 丁苯生产利润: On 12/9, it was 1,450, unchanged from the previous day and down 88 from the previous week [4] - ABS生产利润: Data for 12/9 was not available [4] - SBS生产利润: On 12/9, it was -420, unchanged from the previous day and down 85 from the previous week [4] Group 4: Data Source - Data sources include Mysteel and Wind [8]