SBR Prices Report from Domestic Plants on Aug 20th
CHEM99   Edit at:Wed, 20 Aug 2008 9:23:59 GMT 
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SBR Price Report in Domestic Plants 
  
Name
Cargoes
Today Price
(Yuan/mt)
Change
Domestic market
Market price(Yuan/mt)
Change
SBR 1502 & 1500
NE-PetroChina rosin SBR (1502)
 
22,600
 
-500
Shandong
 
22,700-22,800
-
NE-PetroChina rosin SBR
(1500)
 
22,600
 
-500
N-PetroChina rosin
SBR (1502)
 
22,700
 
-
N-China
 
 
22,800-23,000
-
N-PetroChina rosin SBR (1500)
 
22,700
 
-
E-PetroChina rosin SBR (1502)
 
22,750
 
-
E-PetroChina rosin SBR (1500)
 
22,750
 
-
E-China
 
 
22,750-22,800
-
S-PetroChina rosin
SBR (1502)
 
22,700
 
-
S-PetroChina rosin SBR (1500)
 
22,200
 
-
Sinopec Qilu PC rosin SBR (1502)
 
22,700
 
-500
S-China
 
 
22,700-23,300
-
Nanjing
YPC-GPRO PC rosin SBR (1502)
 
26,000
 
-
Nantong Shenhua PC rosin SBR (1502)
 
26,500
 
-
Lanzhou PC rosin SBR (1500)
 
22,900
 
-500
NE-China
 
 
23,000
-
SW-PetroChina rosin SBR (1502)
 
22,700
 
-500
SW-PetroChina rosin SBR (1500)
 
22,700
 
-500
SBR 1712
Sinopec Qilu PC  oil-extended
SBR (1712)
 
19,700
 
-700
Shandong
19,700
-
Nanjing
YPC-GPRO PC
 oil-extended SBR (1712)
 
24,000
 
-
N-China
20,200
-
Nantong Shenhua PC
 oil-extended SBR (1712)
 
24,500
 
-
E-China
20,000
-
Lanzhou PC  oil-
extended SBR (1712)
 
20,000
 
-700
S-China
20,400
-
Market Summary: today Sinopec and PetroChina dropped SBR EXW prices. Meanwhile market quotations were followed to move down, and partial downstream factories kept bullish inquires, while transaction was under cautious management. The continual higher offers of domestic butadiene gave some support to SBR market, however, sliding NR and BR offers added SBR CIF CMP prices into sliding trend and weakness buying also inhibited domestic SBR market into downtrend possibility.
 
    Today’s exchange rate: $1=6.8529RMB
 

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