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

    June 16 Shanghai rubber morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    With the domestic rubber production area has been cut, the supply of raw materials began to increase, the price of glue fell, but the absolute price of Shanghai rubber is currently low, there is still strong support at the 10,000 yuan mark, it is expected that the Shanghai rubber 1609 contract will continue to operate in the short term, it is recommended to trade
    in the 10200-10800 range.
    The overnight Shanghai rubber 1609 contract rose 0.
    82% to close at 10485 yuan / ton
    .

    Shanghai rubber

    Overnight market: Crude futures fell for the fifth straight day on Wednesday, hitting a three-week low
    .
    The NYMEX July crude futures contract closed down 1 percent, settling at $
    48.
    01 a barrel.

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10050 (-100) yuan / ton; Vietnam's 3L quotation is 10100-10200 (-400/-300) yuan/ton; 15 years Thailand No.
    3 smoke 11500 (-300) yuan / ton; RMB mixed rubber 9550-9600 (-150/-100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 51.
    85 (+0.
    11) baht/kg; Tai San Tobacco Tablets 51.
    89 (+0.
    3) THB/kg; Field glue 45.
    5 (0) baht/kg; Cup glue 37 (0) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 9650 yuan / ton (0), cis-butadiene rubber market price 9700 yuan / ton (0).

    News side: 1.
    China's auto industry prosperity index has maintained a recovery
    for three consecutive quarters.
    2.
    India's tianjiao production is difficult to meet its own needs
    .

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 302,780 tons, a decrease of 190 tons
    .

    In May, imported rubber maintained year-on-year growth, and inventory in Qingdao Free Trade Zone stopped falling and stabilized, but downstream heavy-duty truck sales in May increased sharply year-on-year, paying attention to the operating level of
    tire factories in the later period.

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