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    Home > Chemicals Industry > New Chemical Materials > February 16 Shanghai rubber morning review

    February 16 Shanghai rubber morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    The Shanghai rubber RU1705 contract opened at 20,645 yuan / ton, up 2.
    19%, and closed at 20,725 yuan / ton
    .
    The highest price of the whole day was 21,030 yuan / ton, the lowest price was 20,450 yuan / ton, a total of 438,600 lots were traded, and the position was 273,700 lots
    .

    Shanghai rubber

    Spot price: Shanghai market 15 years Yunxiang state-owned whole milk quotation of 19500 yuan / ton (+100).

    Qingdao area Thailand RMB mixed rubber 19500 yuan / ton (+300), Vietnam 3L mixed rubber quotation 19200 yuan / ton (+100), Thailand 3# tobacco flakes 20850 yuan / ton (-0).

    Free Trade Zone, RSS3 Honmanli Tobacco Tablets $2800/ton (-35); Thailand standard spot 2330 US dollars / ton (+35).

    Cargo 2340-2360 (+35).

    Inventory: As of mid-January 2017, rubber stocks in Qingdao Free Trade Zone exceeded 120,000 tons, an increase of nearly 16%.

    Specifically, the inventory of natural rubber and synthetic rubber has increased, but the increase in natural rubber inventory is large; The inventory of specific varieties such as tobacco flake gum and styrene-butadiene gum has also increased
    to varying degrees.

    Natural rubber production: According to IRSG estimates, in 2016, the global production of tianjiao is estimated to be 12.
    38 million tons, a year-on-year increase of 0.
    83%.

    Global consumption of tianjiao is estimated at 12.
    5 million tons, an increase of 3%
    year-on-year.
    The global supply deficit is 120,000 tons
    .
    The output of tianjiao in the nine major producing countries is expected to be about 11.
    0824 million tons, a slight increase of 0.
    31%
    over 2015.
    The nine major producing countries account for 90%
    of global production.
    It is estimated that the consumption of tianjiao in the nine major producing countries will reach 8 million tons in 2016, a year-on-year increase of 1.
    76%.

    China's tianjiao production is estimated to be 752,100 tons, down 5.
    3% year-on-year, and the growth rate is negative
    .
    China's consumption of tianjiao is expected to reach 5 million tons, up 4.
    08%
    year-on-year.

    Boosted by the red start of import and export trade data and the increase in coal and steel production capacity, the black series soared across the board in the afternoon, and the strong injection of funds correspondingly boosted the rubber market, rubber rose in the afternoon but fell back at the end, the capital rose after profit and reduced positions, and the night short reduced positions and left the market
    .
    At the beginning of the year, the domestic production area and the main production area in northern Thailand stopped cutting, the domestic spot inventory was low, the downstream operating rate gradually increased, and the fundamentals of tianjiao were generally strong, and it was recommended to continue to hold
    more.

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