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    Home > Chemicals Industry > New Chemical Materials > April 15 Shanghai rubber morning review

    April 15 Shanghai rubber morning review

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    Crude futures closed lower on Thursday as doubts heated ahead of the Doha meeting
    .
    NYMEX crude futures for May ended down 0.
    6 percent at $
    41.
    50 a barrel.
    Overnight, the Shanghai rubber 1609 contract rose 0.
    24% to close at 12605 yuan / ton
    .
    The overnight Shanghai rubber 1609 contract opened high, and it is recommended to trade
    within the 12400-12800 range.

    Shanghai rubber

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11850 (-300) yuan / ton; 15 years full latex 12100 yuan / ton; Vietnam's 3L quotation is at 12200 (-400) yuan / ton
    .
    Thai Hat Yai raw material market raw film 52.
    55 (0) baht/kg; Tai San tobacco tablets 56.
    66 (0) baht/kg; Field glue 55.
    5 (0) baht/kg; Cup glue 45 (0) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 12800 yuan / ton (+500), cis-butadiene rubber market price 11800 yuan / ton (+300).

    News: Commercial vehicle sales in January and March were 384,000 units, up 3.
    8%
    y/y.
    2.
    Commercial vehicle exports in the first quarter were 49,000 units, down 37.
    5%
    y/y.
    3.
    Linglong Tire plans to invest THB 20 billion to expand the production capacity
    of its plant in Thailand.

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 256290 tons, an increase of 1560 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.

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