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    Home > Chemicals Industry > New Chemical Materials > Butadiene supply is tight, Shanghai rubber rushed high and fell

    Butadiene supply is tight, Shanghai rubber rushed high and fell

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai rubber market followed the black series to rush back down, and once approached the upper limit
    .
    The main 1609 contract of Shanghai rubber closed at 12525 yuan / ton, up 2.
    45%, reducing its position by 23058 lots, and trading 1265352 lots
    .

    Shanghai rubber

    Spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 12150 (+700) yuan / ton; Vietnam's 3L quotation is at 12600 (+700) 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: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12500 yuan / ton (+500), cis-butadiene rubber market price 11500 yuan / ton (+300).

    News: 1.
    General Administration of Customs: China imported 540,000 tons of rubber in March, a year-on-year increase of 50%.

    2.
    Australian Bureau of Meteorology: The chance of La Niña rose to 50%
    in 2016.

    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.
    Today's Shanghai rubber 1609 contract price rushed back down, but closed above the 12500 line, short-term attention to whether the futures price can stand in this position, it is recommended to wait for the futures price to pull back to around 12200 to buy, high risk increases, investors are advised to operate
    cautiously.

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