At its peak, the trading of styrene butadiene rubb

2022-08-14
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On July 18, the trading of styrene butadiene rubber improved slightly, and the market tends to stabilize.

on Tuesday (July 18), the domestic styrene butadiene rubber market atmosphere is subtle, the market situation tends to be stable as a whole, and the trading atmosphere generally improved slightly, but the overall trading volume is still not ideal

East China: the overall price of styrene butadiene rubber market in East China is stabilizing, but the transaction is still not ideal. The quotation of styrene butadiene rubber in Jiangsu market rebounded slightly, and traders were no longer willing to continue to sell below the cost price. Some traders tentatively increased their quotation to yuan/ton, but the transaction was poor; The local Jihua and Qilu rosin 1502 prices basically remained stable at yuan/ton, Qilu oil filled glue 1712 prices were about 16000 yuan/ton, and a small amount of British 1712 prices were about 15500 yuan/ton. In Zhejiang styrene butadiene rubber market, the price of Jihua rosin 1502 is about 18100 yuan/ton, and that of Qilu rosin 1502 is about 18200 yuan/ton. The price of domestic rosin 1502 in Shanghai market is about 18000 yuan/ton, and the price of imported rosin 1502 is basically stable at yuan/ton. Some Russian styrene butadiene sources flow into the market

South China: the styrene butadiene rubber market in South China is basically stable. Due to the continuous poor downstream demand, the overall trading situation of the market is still not ideal. Among them, the market of styrene butadiene rubber in Guangdong is stable, and the market transaction is slightly improved. The quotation of local Jihua rosin styrene butadiene rubber is yuan/ton. The market of styrene butadiene rubber in Fujian has stabilized, and the market trading atmosphere has improved slightly, but the overall trading volume of the market is still low. The local Jihua source quotation is stable at about 18600 yuan/ton, and the Qilu source market quotation is yuan/ton. It is reported that recently, newly imported styrene butadiene rubber has been added to the market

North China: the styrene butadiene rubber market in North China has stabilized as a whole, but the overall trading atmosphere is still not ideal. The quotation of Jihua rosin styrene butadiene rubber in Hebei Hengshui styrene butadiene rubber market is yuan/ton, and the price of a small amount of Qilu source oil filled 1712 is about 15700 yuan/ton. As the market transaction situation tends to improve, some traders have slightly changed their views on styrene butadiene rubber and made positive contributions to slowing down the pressure on environmental protection, and their panic mentality has gradually eased. Although the trading atmosphere of Shandong styrene butadiene rubber market has improved, the overall transaction is still poor. The quotation of local Jihua rosin 1500 is at RMB/ton, so the pendulum swings back and forth; Due to the continuous light trading in the early stage, the local supply of Jihua and Qilu rosin 1502 is relatively sufficient, and the low-end quotation is stable at about yuan/ton. The market price of styrene butadiene rubber in Qilu Chemical City rebounded slightly. The mainstream quotation in the local Qilu rosin 1502 market was 18000 yuan/ton, and the mainstream quotation in the Qilu oil filled rubber 1712 market was yuan/ton. Due to the rising price of crude oil, the market price of styrene butadiene rubber is expected to stop falling and rebound

Northeast China: the overall market of styrene butadiene rubber in Northeast China is basically stable. Due to the improvement of downstream purchase interest, the market transaction atmosphere is improved by clean and generous appearance. The market quotation of local rosin 1500 and 1502 is slightly increased to yuan/ton

manufacturers: PetroChina East China sales branch lowered the quotation of Jilin Petrochemical rosin 1502 and 1500 styrene butadiene rubber by 200 yuan/ton to 18000 yuan/ton (East China warehouse raised the price). PetroChina South China sales branch lowered the quotation of Jilin Petrochemical rosin 1502 and 1500 styrene butadiene rubber by 400 yuan/ton to 18200 yuan/ton (South China warehouse raised the price). The production of Qilu Petrochemical styrene butadiene rubber plant is stable, with two lines producing rosin 1502 and one line producing oil filled rubber 1712. Hedging sales continue to be implemented, and the settlement price has not been issued yet. The ex factory quotation remained stable, with rosin 1502 quoted at 18200 yuan/ton and oil filled glue 1712 quoted at 1530. The laboratory developed high-temperature flora of 0 yuan/ton for Yucheng Fuhang company. Today, PetroChina North China sales branch lowered the quotation of Jilin Petrochemical rosin styrene butadiene rubber by 200 yuan/ton to 18000 yuan/ton (North China warehouse raised the price)

market trend analysis: at present, the natural rubber market is repeated and the trend is unclear, traders lack confidence in holding goods, the impact of import sources, poor downstream demand, strong market pessimism, sharp rise in international raw material prices and other factors; The industry expects the styrene butadiene rubber market to stabilize in the short term

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