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    Home > Chemicals Industry > New Chemical Materials > Inventories still have a cumulative risk Rubber prices are expected to be weak and difficult to change

    Inventories still have a cumulative risk Rubber prices are expected to be weak and difficult to change

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    On Monday, the main force of rubber RU closed at 12305 (-35) yuan / ton, the mixed rubber quotation was 10625 yuan / ton (-50), and the basis of the main contract was -730 yuan / ton (-15); The top 20 main long positions are 95804 (-828), short positions 116951 (+3199), and net short positions are 21147 (+4027).

    NR main closing price 9395 (-30) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1300 US dollars / ton (-5), Malaysia standard rubber 1290 US dollars / ton (-5).

    rubber

    Raw materials: The market is closed and there is no quotation
    .
    Raw film 48.
    53 baht/kg (0), cup glue 40.
    8 baht/kg (0), glue 47 baht/kg (0), tobacco film 51 baht/kg (0).

    As of 10.
    21: total stock on the exchange 312540 (+3560), exchange warehouse receipt 285470 (+1780).

    As of 10.
    20, the domestic all-steel tire operating rate was 52.
    14% (-6.
    77%), and the domestic semi-steel tire operating rate was 64.
    77% (+0.
    37%)
    .

    Rubber prices continued to be weak, and Qingdao port inventories recovered slightly by the end of last week
    .
    The latest news shows that the preliminary value of domestic natural rubber imports in September increased by 11% month-on-month, and the cumulative increase was 8% year-on-year, and the import volume continued to increase, and the domestic supply pressure in the later period may be gradually reflected
    .
    Recently, the actual domestic demand is still poor, the operating rate of downstream tire factories is relatively low, and some tire factories in Shandong yesterday still have load reduction
    .
    Weak demand has led to the recent continuous decline in the price of mixed rubber and whole milk, while the RU non-standard spread is still in a medium-high position, and the short-term arbitrage pressure on the disk is still large
    .
    Under the certainty of the increase in mid-line supply, it is difficult for demand to have obvious bright spots, inventory still has accumulated risks, and it is expected that rubber prices are weak and difficult to change
    .
    Under the short-term raw material price plate profit loss, the price is still repeated
    .

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