-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to the monitoring data of the cable network, the spot price of domestic natural rubber standard rubber showed a slight increase this week, and the average price of the natural rubber market at the beginning of the week remained at about 14710 yuan / ton, and rose to 14720 yuan / ton over the weekend, with a range of 0.
07%.
The overall trading atmosphere of natural rubber continued its positive trend
this week.
The reasons for the rise in domestic natural rubber prices are analyzed as follows:
1.
In terms of macro, Hainan Natural Rubber Industry Group Co.
, Ltd.
released its 2017 semi-annual report on August 19, which shows that in the first half of 2017, Hainan Rubber achieved a year-on-year increase in operating income of 1.
7 billion yuan, and a year-on-year decrease in net profit of nearly 100 million yuan
.
Among them, the operating income in the first half of the year reached 5.
459 billion yuan, an increase of 45.
84%
over the end of the previous year.
2.
In terms of market, the spot market of tianjiao in Jiangsu increased by 100 yuan / ton, Shanghai rubber rose slightly, and the spot market price rose slightly, and the market demand was not very strong
.
Today's reference quotation is as follows: Shanghai self-pickup 16-year warehouse receipt full milk reference 13300-13400 yuan / ton; Vietnam's 3L spot quotation reference is 13400 yuan / ton; Shanghai self-picked up 16 years Hong Manli tobacco tablets reference 16550-16600 yuan / ton
.
The quotation is for reference only, and the specific actual order is negotiated
.
3.
In terms of inventory, the inventory of Qingdao Free Trade Zone has entered a downward channel, and as of mid-August, the inventory of the free trade zone has declined
for four consecutive periods.
Current stocks total 226,400 tonnes, down 07,200 tonnes
from early August.
Among them, the stock of natural rubber was 171,300 tons, a decrease of 09,200 tons from the first half of August, and the inventory fell by more than 5%; The inventory of synthetic rubber was 50,900 tons, an increase of 21,000 tons over the previous period; the inventory of composite rubber was 04,200 tons, a decrease of 01,000 tons
.
4.
In terms of demand, since the beginning of this year, the growth rate of China's narrow passenger car sales has gradually increased, and the current growth rate has exceeded 5%
for two consecutive months.
Negative factors such as the overdraft effect of the early purchase tax, the reduction of new energy vehicle subsidies, and the off-season of the industry have been gradually eliminated, and terminal demand has grown
steadily.
Affected by the peak consumption season and the cancellation of purchase tax incentives, there will be a definite concentrated purchase phenomenon in the fourth quarter of this year, which is conducive to the downstream consumption
of Tianjiao.
5.
Future market forecast: The analysis of this network preliminarily predicts that natural rubber is currently digesting inventory, and the situation of oversupply has been improved
.
Approaching the "Golden Nine Silver Ten" peak season, it is expected that the spot quotation of Tianjiao will still have room for growth next week
.