Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View - Not provided in the given content 3. Summary by Relevant Catalog BR (Butadiene Rubber) - **Futures Information**: On November 10, the BR主力合约(12) was at 10275, with a daily change of 85 and a weekly change of 70. The holding volume was 83698, down 1988 from the previous day and up 47828 for the week. The trading volume was 114254, up 7936 daily and 22564 weekly. The warrant quantity was 12300, unchanged from the previous day and up 3720 for the week. The long - short ratio was 34.02, down 1 from the previous day and up 13 for the week [4]. - **Basis/Spread/Inter - Variety Spread**: The butadiene rubber basis was 25, down 85 daily and 70 weekly. The styrene - butadiene basis was 475, down 85 daily and 120 weekly. The 12 - 01 spread was 70, up 5 daily and down 20 weekly. The 01 - 02 spread was - 5, down 5 daily and 5 weekly. The RU - BR spread was 4835, up 30 daily and 165 weekly. The NR - BR spread was 1890, up 45 daily and 135 weekly [4]. - **Spot Price**: The Shandong market price was 10300, unchanged from the previous day and for the week. The Transfar market price was 10200, unchanged from the previous day and up 50 for the week. The Qilu ex - factory price was 10200, unchanged from the previous day and down 300 for the week. The CFR Northeast Asia price was 1450, unchanged from the previous day and for the week. The CFR Southeast Asia price was 1700, unchanged from the previous day and for the week [4]. - **Profit**: The spot processing profit was 1062, up 102 daily and 153 weekly. The import profit was - 1871, up 6 daily and 17 weekly. The export profit was 2494, down 6 daily [4]. BD (Butadiene) - **Spot Price**: The Shandong market price was 6900, down 100 from the previous day. The Yangzi ex - factory price was 6900, unchanged from the previous day and for the week. The CFR China price was 790, down 10 from the previous day and 60 for the week [4]. - **Profit**: The ethylene cracking profit was not available. The carbon four extraction profit was not available. The butadiene oxidation dehydrogenation profit was - 1824, down 50 from the previous day. The import profit was 345, up 34 daily and 542 weekly. The export profit was - 841, down 244 daily and 1726 weekly. The styrene - butadiene production profit was 1175, unchanged from the previous day and down 288 weekly. The ABS production profit was not available. The SBS production profit was 210, unchanged from the previous day and down 285 weekly [4].