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    Home > Chemicals Industry > New Chemical Materials > Following the fluctuations of the surrounding market, Shanghai rubber rushed back down

    Following the fluctuations of the surrounding market, Shanghai rubber rushed back down

    • Last Update: 2022-11-29
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai rubber market followed the fluctuations in the surrounding market sentiment, and the overall performance was a surge and a fall
    .
    The main 1605 contract of Shanghai rubber closed at 10540 yuan / ton, down 0.
    66% from the previous trading day, increasing its position by 5142 lots and trading 717396 lots
    .

    Shanghai rubber

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10250-10300 (+150/+150) yuan / ton; Vietnam's 3L quotation is 9500-9550 (0/0) yuan / ton, and Thailand's No.
    3 tobacco film is reported 10850-10900 (+50/+50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 41.
    25 (+1.
    48) baht/kg; Tai San Tobacco Tablets 42.
    33 (+0.
    45) THB/kg; field glue 37.
    5 (+0.
    5) baht/kg; Cup glue 32.
    5 (+0.
    5) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 8950 yuan / ton (0), cis-butadiene rubber market price 8600 yuan / ton (+300).

    News: 1.
    The five major measures of the executive meeting of the State Council support the development of the
    new energy vehicle industry.
    2.
    Michelin's sales and profit in 2015 doubled, and tire sales increased by 3.
    2%.

    At present, rubber tapping in Southeast Asia has gradually entered the final stage, and the export ban of major rubber-producing countries has made the market worried about the decrease in supply in the next 3-5 months, which will bring forward contract premium; However, the domestic bonded zone and exchange inventory is still at a high level, downstream demand has not fully recovered, it is expected that the market rebound is difficult to continue, but under the technical support, it is difficult to have a significant decline in the near future, short-term recommended to maintain the shock idea, in the 10500-10850 range of intraday operation
    .

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