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    Home > Chemicals Industry > New Chemical Materials > April 26 Shanghai rubber morning review

    April 26 Shanghai rubber morning review

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    Overnight Market: Crude oil futures closed lower on Monday as agencies reported a jump
    in U.
    S.
    Cushing crude inventories.
    The NYMEX crude oil futures contract for June ended down 2.
    5 percent at $
    42.
    64 a barrel.
    Although Shanghai rubber futures rose again on Friday night, but after entering this Monday, the market bears began to exert force, the main 1609 contract of Shanghai rubber showed a rapid diving trend after the opening, and the futures price performance was under pressure, and the lowest fell to 12825 yuan / ton line
    .
    Although the subsequent rubber price shock slightly rebounded, the rebound space was relatively limited, and the Shanghai rubber 1609 contract turned slightly red by 0.
    12% or 15 yuan / ton
    as of the close.

    Shanghai rubber

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 12100-12250 (-200/-50) yuan / ton; Vietnam's 3L quotation is at 13000 (-200) yuan / ton; Thailand No.
    3 tobacco tablets 13400 (-100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 58.
    39 (+1.
    12) baht/kg; Tai San tobacco tablets 62.
    13 (+1.
    31) baht/kg; field glue 60.
    5 (+2.
    5) baht/kg; Cup gum 49 (+0.
    5) baht/kg
    .

    News side: 1.
    Last week, the rubber in and out of Qingdao Free Trade Zone was basically balanced
    .
    2.
    Bridgestone plans to purchase dissolved polystyrene-butadiene gum
    produced in China.

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 264,050 tons, an increase of 3,230 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 exchange, the recent volatility or intensification of the Shanghai rubber market, it is recommended that investors pay attention to the trend of funds and operate
    cautiously.

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