SBR Daily Offers in China on Feb 21st
|
|
EXW Prices |
Changes |
Domestic Markets |
Market Prices |
Changes |
|
Non Oil-extended SBR |
NE-PetroChina SBR 1502E |
24000 |
0 |
Shandong Market |
24100 |
0 |
|
NE-PetroChina SBR 1500E |
24000 |
0 |
|
N-PetroChina SBR 1502 |
24000 |
0 |
N-China Market |
24000-24400 |
+100 |
|
N-PetroChina SBR 1500E |
24000 |
0 |
|
E-PetroChina SBR 1502 |
24100 |
0 |
|
E-PetroChina SBR 1500E |
24100 |
0 |
E-China Market |
24000-24500 |
-100 |
|
S-PetroChina SBR 1502 |
24000 |
0 |
|
S-PetroChina SBR 1502E |
24000 |
0 |
|
N-Sinopec Qilu PC SBR 1502 |
24000 |
0 |
S-China Market |
24200-24300 |
0 |
|
YPC-GPRO (Nanjing) Rubber SBR 1502 |
24000 |
0 |
|
Shen Hua Chemical Industrial(Nantong) SBR 1502 |
26500 |
0 |
|
NW-PetroChina SBR 1500E/02E |
24000 |
0 |
NE-China Market |
24300 |
0 |
|
SW-PetroChina SBR 1502E |
24600 |
0 |
|
SW-PetroChina SBR 1500E |
24600 |
0 |
|
Oil-extended SBR |
N-Sinopec Qilu PC SBR 1712 |
20200 |
0 |
Shandong Market |
20300 |
0 |
|
YPC-GPRO (Nanjing) Rubber SBR 1712 |
20200 |
0 |
N-China Market |
20300-20600 |
+100 |
|
Shen Hua Chemical Industrial(Nantong) SBR 1712 |
22500 |
0 |
E-China Market |
20400-20600 |
0 |
|
NW-PetroChina Lanzhou PC SBR 1712 |
20200 |
0 |
S-China Market |
20400-20500 |
0 |
Unit: Yuan/mt
SBR prices from Tianjin Lugang closed Yuan 500/mt higher on Feb 21st but resources were hard to get. Inquiry sentiment turned better and partial traders had intentions for purchase. The prevailing quotations of ESBR1502 and ESBR1712 were around Yuan 24,200-24,400/mt and Yuan 20,400-20,500/mt, respectively. Transactions were fine in some areas.
Most traders considered that it was quite impossible for SBR price drop for a short term but it was also difficult for SBR price hike without support from downstream demand. As SCI knew, some downstream small-sized plants in N-China bought goods on a need-to basis and players should pay attention to demand conditions.
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