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

    February 22 Shanghai rubber morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai rubber 1705 contract fell 1395 yuan/ton or 6.
    42% to 20320 yuan/ton, leading the domestic commodity futures market
    .

    Shanghai rubber

    In the domestic main sales area market, the 14-year full latex in Shanghai reported 19900 yuan / ton; The 14-year state-owned whole milk tax-free price in Hengshui area is 19,200 yuan / ton; The 16-year full latex quotation in Yunnan was 19800 yuan / ton, and the SCR5 report was 19300 yuan / ton; Guangdong Vietnam 3L reported 20700 yuan / ton
    .

    According to the news, the second round of Thailand's national reserve rubber auction was carried out on February 14, it is reported that the storage process is very smooth, the bidding enterprises are very active, a total of 70,000 tons were traded that morning, of which the average transaction price of tobacco film was 75 baht / kg, and the average price of standard rubber was 66 baht / kg
    .
    The auction will continue to be about 30,000 tons in the afternoon of the same day, and it is currently understood that 25,000 tons and 5,000 tons of flow bids will be sold, and the transaction price is basically the same as in the morning
    .

    The medium-term bullish pattern of the Shanghai rubber 1705 contract still exists
    .
    From a fundamental point of view, Southeast Asia has entered a rest period, the supply is tight, and the domestic downstream heavy truck sales data is optimistic, coupled with the recent price increase of tire companies, the supply and demand side tends to be good, which is conducive to the future market rubber to strengthen
    again.

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