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Investigation on the cycle tendency of original SBR (0426-0430)

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There are 41 samples in this survey, including 3 samples of manufacturing enterprises and 38 samples of trading enterprises. Figure 1 weekly trend forecast of industry insiders (20200426-0430)
Data source: Longzhong information
The results of trend research are as follows: the proportion of rising market is 4.88%. Main factors: crude oil will not fall indefinitely; petroleum and petrochemical sales companies control the volume and have a strong price intention. It is believed that the share of market decline is 78.05%. Main factors: under the influence of public health events, the export of downstream factories was blocked, and the operating rate fell. It coincided with the May Day holiday. Some tire enterprises had a holiday, and the demand was weakened. Some product factories had hoarding action this month, and the demand was overdrawn in advance. The prices of crude oil and butadiene were all low, and the amount of low-priced butadiene arriving at the port increased, and the supply side was negative. The proportion of market consolidation is 17.07%. Main factors: public health events led to weak demand for tires and rigid demand for raw material synthetic rubber procurement; the low price of butadiene made it difficult to find support on the cost side; although the production enterprises started at a high level and had sufficient supply, the price of petroleum and petrochemical industry was relatively high and controlled. Disclaimer:
"Longzhong information [synthetic rubber]: the weekly trend survey of styrene butadiene rubber and cis-1,4-polybutadiene rubber" only forecasts the trend of next week from the perspective of market survey. Although Longzhong information strives to use accurate information and objective and fair information and views, it does not guarantee whether it needs to make necessary changes. The information provided by Longzhong information is only for customers' decision-making reference, and does not constitute a direct recommendation for customers' decision-making. Customers should not replace their own independent judgment by this, and any decision made by customers has nothing to do with Longzhong information. END
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