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    Home > Chemicals Industry > New Chemical Materials > After the Shanghai rubber is opened low, the oscillation continues to run at a low level

    After the Shanghai rubber is opened low, the oscillation continues to run at a low level

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai rubber market opened low and then ran volatile
    .
    The Shanghai rubber 1701 contract closed at 12440 yuan / ton, down 0.
    56% from the previous trading day, reducing its position by 6404 lots and trading 349844 lots
    .

    Shanghai rubber

    In terms of spot: the 15-year quotation of state-owned whole milk in the Shanghai market is about 10300 (0) yuan / ton; Vietnam 3L quotation 10600-10700 (-100/-100) yuan/ton; 15 years Thailand No.
    3 tobacco sheet 12450-12550 (-100/0) yuan/ton; RMB mixed rubber 10800 (-100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 50.
    05 (-0.
    53) baht/kg; Tai San tobacco tablets 50.
    77 (-2.
    08) baht/kg; Field glue 49 (+1) baht/kg; Cup glue 41 (-0.
    5) baht/kg
    .

    Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 11300 yuan / ton (+100); The market price of cis-butadiene rubber is 12300 yuan / ton (+300).

    News: 1.
    Bridgestone invested 1.
    25 billion rubles to build a factory
    in Russia.
    2.
    ANRPC: In the first eight months, the production of tianjiao fell by 0.
    3%, and Thailand's exports were conspicuous
    .

    In terms of demand, according to the latest statistics of the China Association of Automobile Manufacturers, the cumulative production and sales of domestic automobiles in the first eight months of this year were 16.
    846 million and 16.
    755 million units, up 10.
    82% and 11.
    43% year-on-year, respectively
    .
    Since the country introduced the halving of the purchase tax of cars with a displacement of less than 1.
    6 liters last year, the production and sales of domestic automobiles, especially passenger cars, have continued to increase, and the policy will continue until December this year, and it is expected that the potential consumption power of those who intend to buy cars before the expiration will be concentrated and released, and the automobile market may usher in a new peak
    before the end of the year.
    August commercial vehicle sales were 275,500 units, up 11.
    99% and 11.
    38% month-on-month, of which heavy-duty truck sales were 22,955 units, up 44.
    24% year-on-year and down 0.
    78%
    month-on-month.

    Last week, whether it was an all-steel tire or a semi-steel tire, the operating rate rebounded to more than 70% month-on-month, higher than the same period last year, and the heavy truck in August increased sharply year-on-year, indicating that the overall downstream demand performance was better
    .
    From the perspective of circulation, as of the end of August, the decline in rubber inventory in Qingdao Free Trade Zone was wider
    than that in the previous period.
    The price of raw tobacco tablets in Thailand fell sharply, but the price of glue has risen, indicating that the supply of glue is still not in volume, while the recent sharp rise in synthetic rubber has provided support
    for natural rubber prices.
    The Shanghai rubber 1701 contract runs below the moving average system, and it is recommended to trade
    in the 12200-12600 range in the short term.

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