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    Home > Chemicals Industry > New Chemical Materials > August 22 Shanghai rubber morning review

    August 22 Shanghai rubber morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    On Friday, the Shanghai rubber 1701 contract closed slightly lower, focusing on the pressure around 13300 in the short term, and it is recommended to trade
    in the 12700-13300 range.
    The Shanghai rubber 1701 contract fell 0.
    46% to close at 13,020 yuan / ton
    .

    Shanghai rubber

    Crude futures closed steady higher on Friday as a possible freeze deal by major producers overshadowed fears
    of ample inventories.
    NYMEX crude oil futures for September ended up 0.
    6 percent at $
    48.
    52 a barrel.

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10550 (+100) yuan / ton; Vietnam's 3L quotation is 10800-10900 (0/0) yuan/ton; 15 years Thailand No.
    3 tobacco tablets 12950 (+150) yuan / ton; RMB mixed rubber 10700 (0) yuan / ton
    .
    Thai Hat Yai raw material market raw film 53.
    47 (+0.
    28) baht/kg; Tai San Tobacco Tablets 54.
    98 (+0.
    1) THB/kg; field glue 50.
    5 (+0.
    5) baht/kg; Cup glue 41 (+0.
    5) baht/kg
    .

    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10700 yuan / ton (0), cis-butadiene rubber market price 10950 yuan / ton (0).

    News side: 1.
    Last week, Qingdao Free Trade Zone rubber continued to be net out of storage
    .
    2
    .
    The second quarterly report shows that the US tire companies have considerable profits.

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 312,650 tons, a decrease of 930 tons
    .

    The sales data of heavy trucks in July continued to increase sharply year-on-year, and the operating rate of all-steel tires and semi-steel tires last week was close to 70%, and the overall demand performance was still good; At present, the inventory of Qingdao Free Trade Zone is still falling sharply, and due to the influence of weather and rubber tapping factors in the production area, the amount of new rubber has not yet been released, and overseas raw materials are relatively tight
    .

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