According to the data monitoring of business news agency, the domestic cis-1,4-polybutadiene rubber market weakened during the week (4.12-4.16), with the price at 13300 yuan / ton at the beginning of the week and 12960 yuan / ton at the end of the week, with an overall decline of 2.56%.
| PVA |
This week (4.12-4.16) the domestic cis-1,4-polybutadiene rubber market weakened, and the ex factory price of cis-1,4-polybutadiene rubber of some manufacturers decreased significantly. According to the monitoring of business agency, as of April 16, the ex warehouse price of Daqing cis-1,4-polybutadiene rubber of PetroChina Northeast sales company was 12500 yuan / ton.
The supply side dropped slightly, supporting the cis-1,4-polybutadiene rubber. According to the business news agency, Maoming and Yangzi Shunding units continue to shut down, and the 150000 T / a Shunding units in Zhongshan and Yanshan started to shut down for about 40 days in early April. Although the load of Jinzhou, Dushanzi and other units increased, the overall output of Shunding rubber decreased compared with the previous period.
Unit capacity and start up
Yantai Haopu: 60000t / a normal operation
Shandong Wanda: 50000 T / a normal operation
Qixiang Tengda: 50000 tons / year
Qilu Petrochemical Co., Ltd. ’70000t / a’ normal operation
Sichuan Petrochemical Co., Ltd. < 150000t / a > normal operation
Maoming Petrochemical Co., Ltd. < 100000 tons / year
Yanshan Petrochemical Co., Ltd. < 150000t / A
Yangzi Petrochemical Co., Ltd. $100000 / year
Huayu Rubber Co., Ltd. < 80000 tons / year
Tairubber Yubu: 72000 / year, normal operation
Dushanzi Petrochemical Co., Ltd. < 30000 / year, normal operation
Xinjiang Lande normal operation
Daqing Petrochemical Co., Ltd. ~ 160000 / year
Liaoning Shengyou: 30000 / year
Jinzhou Petrochemical Co., Ltd. < 30000 / year, normal operation
Shandong Chinachem will stop at 100000 yuan / year and plan to restart in June
Zhejiang ChuanHua is in normal operation with annual output of 100 000 yuan, and it is planned to be overhauled in May
After the sharp drop in raw material prices, there was a slight rise this week, and the cost stopped falling. According to the monitoring of the business association, as of April 16, the butadiene price was 6696 yuan / ton, up 2.90% from 6507 yuan / ton at the beginning of the week, and down 14.80% from March 31.
On the demand side, the downstream demand is still rigid demand. It is understood that the tire operating rate is still high this week: the semi steel tire operating rate is around 75%, and the full steel tire operating rate is around 78%.
Future forecast: business community analysts believe that although the price of raw material butadiene has dropped by about 14% since the end of March, and the lower cost side has led to the downward risk of cis-1,4-polybutadiene rubber, at present, there is little pressure on the supply and demand fundamentals of cis-1,4-polybutadiene rubber, and the rebound of crude oil is supported by the cost side, it is expected that cis-1,4-polybutadiene rubber will stop falling and stabilize in the future.
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