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    Home > Chemicals Industry > New Chemical Materials > Cost support weakened Rubber prices continued to be weak under weak demand

    Cost support weakened Rubber prices continued to be weak under weak demand

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of rubber RU closed at 12830 (-45) yuan / ton, the mixed rubber quotation was 11225 yuan / ton (-25), and the basis of the main contract was -905 yuan / ton (-105); The top 20 main long positions are 81784 (+2186), short positions are 98482 (+2492), and net short positions are 16698 (+306).

    NR main closing price 9885 (-60) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1382.
    5 US dollars / ton (-12.
    5), Malaysia standard rubber 1370 US dollars / ton (-5).

    rubber

    As of 9.
    30: Exchange total inventory 306262 (+3701), Exchange warehouse receipt 270920 (+8820).

    Ingredients: raw film 48.
    39 baht/kg (-1.
    4), cup glue 42.
    35 baht/kg (0), glue 46.
    6 baht/kg (0), tobacco sheet 50.
    80 baht/kg (-1.
    7).

    As of 10.
    6, the domestic all-steel tire operating rate was 34.
    09% (-24%), and the domestic semi-steel tire operating rate was 40.
    64% (-22%)
    .

    The rainfall in Thailand's main producing areas is gradually decreasing, and the output of raw materials is expected to recover in the later period, and the price of raw materials fell mainly yesterday; Domestic raw material prices also showed a weak trend, and the support of rubber costs weakened
    .
    At present, the focus of the domestic plate is mainly on the domestic production of whole latex, according to the current weak demand for concentrated milk and the decline in profits, the domestic raw material diversion in the early stage has been gradually reduced, and even some raw materials are not excluded from flowing back to whole milk production
    .
    Therefore, the market's sentiment for the reduction of whole milk production in the later period has eased again, and the rubber price has continued to be weak
    under the weak demand.
    However, the continued downward movement of the disk will again lead to changes in the direction of upstream raw materials, so the space below is also limited
    .

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