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Affected by the domestic epidemic, short-term demand for rubber is difficult to recover

 Last Update: 2022-12-24
 Source: Internet
 Author: User

Tags

rubber tire

raw hands

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On Monday, the main force of rubber RU closed at 13495 (+45) yuan / ton, the mixed rubber quotation was 12800 yuan / ton (0), and the basis of the main contract was -745 yuan / ton (-95); The top 20 main long positions are 90902 (-180), short positions are 130911 (-2707), and net short positions are 40009 (-2527).

NR main closing price of 11185 (+40) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1770 (+10) US dollars / ton, Malaysian standard rubber 1765 US dollars / ton (+10), Indonesian standard rubber 1810 (+5) US dollars / ton
.

rubber

As of March 18: total stock on the exchange 253563 (+1289), exchange warehouse receipt 242280 (+180).

Raw materials: raw film 62.
88 (0), cup glue 49.
5 (+0.
75), glue 64.
7 (+0.
2), tobacco film 67.
74 (+0.
17).

As of March 17, the domestic all-steel tire operating rate was 52.
04% (-9.
9%), and the domestic semi-steel tire operating rate was 69.
2% (-2.
8%)
.

Yesterday's rubber plate appeared a significant rebound, there is no substantial industrial favorable promotion, or mainly with the recent price hit the low level, the price of full latex and mixed rubber is basically the same, and relative to 3L glue also has a certain degree of economy, later to see whether it will help improve the full latex market demand
.
From the perspective of supply and demand in the later period, with the opening and cutting of the main domestic producing areas, supply is expected to increase, and affected by the domestic epidemic, short-term demand is difficult to recover, supply and demand show a slightly loose situation, it is difficult to support the upward direction of the plate, it is recommended to treat
it cautiously.

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