SunSirs: Supply Side Expected to Increase, Chnia SBR Market was Down (May 17-21)
http://www.chemnet.com May 24,2021 SunSirs
According to the data monitoring of SunSirs, the domestic SBR market fell last week (5.17-5.21). The price was 13,291 RMB/ ton at the beginning of the week, and fell to 13,083 RMB/ ton at the end of the week, with an overall decline of 1.57%.
Last week, the domestic market of SBR was lower, and the manufacturer s offer was reduced 300 RMB/ ton. As of May 21, the ex-factory price of Jihua SBR1502 of PetroChina Northeast sales company was 13,000 RMB/ ton. Within the week, the trader s offer was adjusted to a low level, and the market inquiry was not active. Last week, the start-up of units in SBR industry was basically stable, but the 300,000 ton/ year SBR units of Yangzi Petrochemical and Fushun Petrochemical had been gradually restarted; At present, Qilu, Jihua and Lanhua plants are in normal operation. In the later stage, the pressure on the
SunSirs: China BR Market Fell slightly (May 17-21)
http://www.chemnet.com May 24,2021 SunSirs
According to the data monitoring of SunSirs, the domestic BR market fell slightly last week (5.17-5.21), with the price at 12,120 RMB/ ton at the beginning of the week and 12,040 RMB/ ton at the end of the week, with a slight decline of 0.66%.
Last week (5.17-5.21), the domestic BR market declined, and the ex-factory price was stable before May Day. According to the monitoring of SunSirs, as of May 17, the ex-warehouse price of Daqing BR of PetroChina Northeast was 12,200 RMB/ ton; The mainstream price of Shunding market in Daqing, Qilu and Yanshan was around 11,900 ~ 12,200 RMB/ ton.