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    Home > Chemicals Industry > New Chemical Materials > All-steel tire inventory is high, and rubber rebound pressure is heavy

    All-steel tire inventory is high, and rubber rebound pressure is heavy

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    On March 31, rubber spot fell by 200 yuan / ton, and downstream terminals just needed to be purchased, and actual orders were sporadic transactions
    .
    Natural rubber in March continued the previous month's market, this month fell -14.
    15%, as of the 28th Tianjiao standard rubber quotation has fallen below the 15,000 yuan / ton mark
    .

    rubber

    Spot price: Shanghai market 15 years Yunxiang state-owned whole milk quotation of 15300 yuan / ton (+300).

    Qingdao area Thai RMB mixed rubber 15500 yuan / ton (+300), Vietnam 3L mixed rubber quotation 15600 yuan / ton (+200), Thailand 3# tobacco flakes 16000 yuan / ton (-100).

    Free Trade Zone, RSS3 Honmanli Tobacco Tablets $2150/ton (+25); Thailand standard spot cargo 1870 US dollars / ton (+50), April-May cargo 1870 US dollars / ton (+50).

    Externally, RSS3# was quoted at $2320/ton (+40), and STR20# was quoted at $1970/ton (+35).

    (THB/kg).

    Stocks: As of mid-March 2017, the inventory of rubber (16475, 70.
    00, 0.
    43%) in Qingdao Free Trade Zone rose to 187,000 tons, an increase of 20,800 tons, or 12.
    52%,
    from 166,200 tons at the end of February.
    The warehouse receipt of natural rubber futures on Thursday was 282,000 tons, down 3,850 tons
    .
    Among them, Shanghai fell by 880 tons, Shandong decreased by 1070 tons, Tianjin decreased by 1900 tons, and Yunnan and Hainan were flat
    .
    According to the number of standard warehouse receipts due at the beginning of the previous period, the maturity of natural rubber in March was 5,570 tons, and the maturity in April was 3,370 tons
    .

    Yesterday, commodities picked up across the board, and the recovery of capital inflow also greatly drove the liquidity of rubber plate funds, and rubber positions were mainly net space to increase positions
    .
    In general, after a series of sharp declines in February and March, Shanghai rubber has returned to the price of November last year, and it may continue to rebound in the near future, and it is recommended to wait for the short opportunity
    of weak rebound.
    Recently, affected by environmental protection and production restrictions, the average operating rate in Shandong has declined
    .
    The decline in raw material prices has not been transmitted to finished product prices, but it has had a negative impact
    on dealer purchasing sentiment.
    Short-term prices are in the post-fall recovery period, light positions short or wait-and-see
    .

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