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    Home > Chemicals Industry > New Chemical Materials > April 25 Shanghai rubber morning review

    April 25 Shanghai rubber morning review

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    Crude oil futures rose on Friday, posting a third straight week of gains as sentiment became more optimistic and there were signs that the ongoing global glut could ease
    .
    The NYMEX crude futures contract for June ended up 1.
    3 percent at $
    43.
    73 a barrel.
    Overnight, the Shanghai rubber 1609 contract rose 1.
    46% to close at 13230 yuan / ton
    .

    Shanghai rubber

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 12300 (-300) yuan / ton; Vietnam's 3L quotation is 13200-13300 (0/0) yuan/ton; Thai No.
    3 tobacco tablets 13500 (+100) yuan/ton; RMB mixed rubber 11800-12000 (+200/+200) yuan / ton
    .
    Thai Hat Yai raw material market raw film 57.
    27 (+0.
    1) baht/kg; Tai San tobacco tablets 60.
    82 (+0.
    2) baht/kg; Field glue 58 (0) baht/kg; Cup gum 48.
    5 (+1) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 12800 yuan / ton (0), cis-butadiene rubber market price 11800 yuan / ton (0).

    News: 1.
    GM's Q1 global sales fell 3%, with China being the largest market
    .
    2.
    India's rubber production fell to its lowest level
    in about 20 years.

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 260,820 tons, a decrease of 90 tons
    .

    Thailand's government procurement of tobacco tablets and Indonesia's storage and storage pushed up overseas raw material prices, while Qingdao Free Trade Zone inventory is still declining, and the operating rate of downstream tire factories has continued to rise, but with the rise in raw material prices, tire factory profits are compressed, and the market needs to pay attention to the operating rate
    .
    In addition, the domestic rubber production areas have been cut one after another, and the Yunnan production area has ushered in a full cut, and the supply and demand of raw materials are tight or alleviated
    .
    Affected by the risk control of the previous period, the Shanghai rubber market has fluctuated or intensified recently, and it is recommended that investors pay attention to the trend of capital and operate cautiously
    .

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