China's SBR market dynamics on May 25-29

May 25-29, styrene-butadiene rubber factory price of upstream petrochemical prices stable, the market price lower volatility. Raw material butadiene price stability, the market turnover was still in the doldrums, business demand retail purchases based. 1502 Rosin domestic market quoted in the mainstream 10,300 ~ 10,600 yuan, Rosin 1500E mainstream offer 10,500 ~ 10,800 yuan, the oil-filled 1712 quoted in the mainstream 9700 ~ 9900 yuan, sluggish shipping business this week, the market mood was ship upside down, May 29, styrene-butadiene rubber market price within a narrow range finishing the main part of the low-end offer shipping intentions slowed.

1. domestic regional market price:

Shandong market: 1502 Price 10,300 ~ 10,500 yuan, 1712 price 9700 ~ 9800 yuan;

North Market: 1500E, 1502 the price of 10,500 ~ 10,800 yuan, 1712 price 9700 ~ 9900 yuan;

East China market: 1502,1500E price 10200 ~ 10600 yuan, 1712 ~ 9800 yuan price of 9600;

South China market: 1502 Price 10200 ~ 10600 yuan, 1712 price 9500 ~ 9700 yuan;

Northeast market: 1502,1500E price 10600 ~ 10800 yuan, 1712 price 9700 ~ 9900 yuan.

2. Each manufacturer product offer

Kyrgyzstan: Rosin SBR factory price of 1502 was 10,400 yuan, 1500E factory price of 10,400 yuan, 1712 factory price of 9600 yuan. Qilu: SBR 1502 Rosin factory price of 10,400 yuan, the oil-filled SBR 1712 factory price of 9700 yuan. Nanjing Yangzi Gimpo: 1502 quoted at 10,200 yuan, 1712 quoted at 9,500 yuan. Portland: Rosin SBR 1500E and 1502E factory price of 10,500 yuan.

Outlook forecast: the upstream petrochemical companies SBR factory price stable, the market price correction, the market is trading flat, billing enthusiasm is not high, styrene-butadiene rubber market continued dull, family plans no sales pressure, more cautious intention cheap shipping , inquiry atmosphere is rather plain, downstream plant is still on-demand procurement based, continued low trading volume. Recent upstream business continued to shut down part of the normal supply has some influence on the SBR market, styrene butadiene rubber market has some boost. SBR recent consolidation continued weak market conditions, the market outlook is still bearish trend, poor turnover. Expected: SBR market price adjustment will narrow disadvantaged reason.