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    Home > Chemicals Industry > New Chemical Materials > Analysis of the trend of the national standard rubber market this week (8.7-8.11)

    Analysis of the trend of the national standard rubber market this week (8.7-8.11)

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
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    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 14450 yuan / ton, and rose to 14490 yuan / ton over the weekend, with a range of 0.
    28%.

    The overall trading atmosphere for natural rubber this week is better
    than last week.

    Natural rubber

    The reasons for the rise in domestic natural rubber prices are analyzed as follows:

    1.
    On the macro level, People's Bank of China announced on August 1 that in July, in order to maintain the basic stability of the liquidity of the banking system and meet the temporary liquidity needs of financial institutions, the People's Bank of China carried out medium-term lending facility (MLF) operations of 360 billion yuan for financial institutions, with a term of one year and an interest rate of 3.
    2%; A total of RMB13.
    981 billion was carried out for standing lending facility (SLF) operations for financial institutions, including RMB680 million overnight, RMB7.
    401 billion for 7-day periods and RMB5.
    9 billion
    for one-month terms.

    2.
    In terms of market, the quotation of imported natural latex in the Guangdong market remained stable, and merchants waited and waited to maintain stable quotation, and the transaction situation was average
    .
    There are not many spot stocks in the market, and the bulk source is scarce, and a small amount of Huangchunfa bulk is heard to refer to 10900 yuan / ton; Spot Huang Chunfa barrel heard the reference quotation of 12,000 yuan / ton; Domestic private bulk delivery price 9700 yuan / ton
    .
    The price is for reference only, and the actual order is specifically negotiated
    .

    3.
    In terms of stocks, China Natural Rubber was 180,500 tons, down 20,900 tons, or 10.
    38%, from the middle of last month; synthetic rubber 48,800 tons, down 04,400 tons from the middle of last month, down 8.
    27%; The composite rubber held steady at 04,300 tons
    .
    At present, the bonded zone has basically entered the stage of inventory reduction, mainly because on the one hand, the purchase of raw materials in tire factories has increased, and on the other hand, due to the slowdown in the inbound volume and the stable outbound volume, the overall inventory has shown a downward trend
    .

    4.
    In terms of demand, the "2017 New Energy Vehicle Blue Book" released by the China Automotive Technology and Research Center on August 3 predicts that in 2017, China's domestic new energy vehicle sales will be 750,000 units, imported new energy vehicles 20,000 units, and the comprehensive is expected to reach 770,000 units
    .
    On the basis of ensuring the steady growth of the new energy vehicle market, the policy may be adjusted
    according to the characteristics of the new stage of the industry.
    Government departments will continue to study and improve relevant policies, and it is expected that investment, taxation, subsidies, industry management and other adjustments will be gradually introduced
    in the coming year.

    5.
    Future market forecast: The preliminary forecast of this website analysis shows that at present, Tianjiao is gradually digesting inventory, and the situation of oversupply has been improved
    to a certain extent.
    It is expected that next week's spot quotations will still have upside
    .

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