The hottest spot price of Northeast Asian butadien

2022-10-22
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Northeast Asia butadiene styrene rubber spot price rose, Southeast Asia Trading downturn

non oil filled grade 1502

China's main port

Southeast Asia

oil filled grade 1712

China's main port

Southeast Asia

Northeast Asia: trading resumed this week, as merchants returned to the market after a week-long Spring Festival holiday. There was a spot quotation of up to US $1, 550/ton, because the producers believed that the high price of natural rubber and butadiene (BD) raw materials was due to the rise in the price of styrene (SBR)

since December last year, the price of natural rubber has increased by more than $400/ton to $2100/ton (FOB Southeast Asia), while the spot price of BD has increased by more than $100/ton to $1, 100/ton (CFR China) in the past month

however, there are few transactions in the range of 1,, 550 dollars/ton (CFR China), and the quotation of Asian cargo is still about 1,, 450 dollars/ton (CFR China). It is reported that the quotation of Korean cargo is about US $1, 440/ton (CFR China)

cheap Russian cargoes also dampened China's interest in buying, and China's intended purchase price for imported cargoes remained above US $1450/ton (CFR China). The quotation of Russian cargo remained at 1, 400 US dollars/ton (CFR China), and the reported transaction price was about US dollars/ton lower. Market rumors said that about 2000 tons of Iranian cargo arrived in February/March and entered China

the domestic spot price of China's non oil filled 1502 rose by about 200 yuan/ton to about 14900 yuan/ton, although the actual reported transaction price was 14500 yuan/ton. Domestic oil filled 1712 SBR prices also rose by about 200 yuan/ton, to 12400 yuan/ton delivery price, although the actual reported transaction price hovered around 12000 yuan/ton delivery price

the rise in the domestic spot price is due to the higher domestic price of natural rubber (according to the force value NR of the tested range of the experimental machine). Its price has risen to 22000 yuan/ton, about 4000 yuan/ton higher than a month ago

the valuation of non oil filled 1502 is maintained at $1, 430/ton (CFR China's main port), reflecting the current market situation. Similarly, the price of the lightweight solution for modern mobility of oil filled 1712 spot cargo is estimated to be stable at $1, 250/ton (CFR China's main port)

the contract settlement price of non oil filled 1502 cargo in the first quarter of 2006 was about $1400/ton (CFR Northeast Asia), and that of oil filled 1712sbr was $1200/ton (CFR Asia)

Southeast Asia: 1. The spot quotation of $550/ton (CFR Southeast Asia) meets little buyer interest, because cheap Russian shipments can be obtained. The quotation of Russian cargo is maintained at $1, 400/ton (CFR Southeast Asia)

the spot price of non oil filled 1502 in South Korea remains at $1, 500/ton (CFR Southeast Asia). The contract settlement price of non oil filled 1502 in the first quarter is 1, if not, 450 US dollars/ton (CFR Southeast Asia)

the quotation of oil filled 1712 spot shipment of 1, 330 US dollars/ton in February (CFR Southeast Asia) also received limited interest. The contract price of oil filled 1712 cargo in the first quarter of 2006 was 1, driving the shaft change of photoelectric encoder, 300 US dollars/ton (CFR Southeast Asia)

India: spot trading is very sluggish, as most Indian users have bought enough ships to meet the demand in the first quarter. The contract settlement price in the first quarter of the non oil filled year in the last quarter was $1, 420/ton (CFR India)

the price of 1712 cargo of the same oil filling grade is 1, and the intended purchase price of 330 US dollars/ton (CIF India) is scarce, because the buyer has met the contract cargo of the first quarter. The contract transaction price of oil filled 1712 cargo in the first quarter is $1, 220/ton (CIF India)

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