-
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
Benefiting from the sharp rise in international oil prices on Friday and the lower than market expectations for the March CPI data released in China, the easing outlook will not be under pressure, thereby boosting bulls to aggressively sell Shanghai rubber futures
.
The main 1609 contract of Shanghai rubber showed a strong trend of volatility throughout the day, the center of gravity of the futures price moved steadily upward, and touched the limit during the session, although the rubber price fell in the afternoon, but the enthusiasm for long is still not seen, and the end of the day closed again on the limit line
.
Throughout the day, the Shanghai rubber 1609 contract rose 5.
98% or 690 yuan / ton
.
Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11250-11350 (+550/+600) yuan / ton; 15-year full latex quotation in 11550-11650 (+500/+600) yuan / ton; Vietnam's 3L quotation is 11600 (+300) yuan / ton, and Thailand's No.
3 cigarette film is reported 12100-12300 (+450/+650) yuan / ton
.
Thai Hat Yai raw material market raw film 52.
98 (+1.
8) baht/kg; Tai San tobacco tablets 56.
52 (+1.
67) baht/kg; field glue 55.
5 (+0.
5) baht/kg; Cup glue 44.
5 (+0.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11800 yuan / ton (+800), cis-butadiene rubber market price 10600 yuan / ton (+50).
The benchmark U.
S.
crude futures contract closed above $40 a barrel on Monday, helped by a broader rally in commodity markets from a weaker dollar and hopes
that producers would meet in Doha on Sunday to discuss a freeze agreement.
NYMEX crude for May delivery closed up 1.
6 percent at $
40.
36 a barrel.
The overnight Shanghai rubber 1609 contract rose 1.
46% to close at 12200 yuan / ton
.
News side: 1.
Rubber stocks in Qingdao Free Trade Zone fell
slightly last week.
2.
In February 2016, Japan's natural rubber imports fell by 12%
year-on-year.
Warehouse receipt inventory: Exchange warehouse receipts reported 254970 tons, an increase of 1250 tons
.
Thailand's government procurement of tobacco chips and Indonesia's storage and storage pushed up the price of overseas raw materials, while inventory in Qingdao Free Trade Zone is still declining, the operating rate of downstream tire factories has continued to rise, and manufacturers have accelerated stocking
.
In addition, affected by the tight supply of butadiene, the quotation of synthetic rubber remains strong, which has a certain boost effect
on natural rubber.
Overnight Shanghai rubber 1609 contract opened high and low, short-term sharp rise brought by the risk of pullback increased, so it is not recommended to chase too much, investors can wait for the futures price to pull back to 11800-12000 range to buy, pay attention to risk control
.
