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    Home > Chemicals Industry > New Chemical Materials > March 1 Shanghai rubber morning review

    March 1 Shanghai rubber morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    The main contract RU1705 opened at 18,720 yuan / ton, the highest price was 18,800 yuan / ton, the lowest price was 18,160 yuan / ton, and the closing price was 18,490 yuan / ton, down 1.
    68% or 315; The trading volume was 535634 lots, and the position was 289578 lots, an increase of 12148 lots
    over the previous trading day.

    Shanghai rubber

    Spot market: Thailand spot US dollar rubber quotations in the bonded zone continued to decline, and domestic spot prices fell by 200-400
    .
    The domestic main sales area market, 14-year full latex in Shanghai 17300 yuan / ton; The 14-year state-owned whole milk tax-free price in Hengshui is 16,600 yuan / ton; The 16-year full latex quotation in Yunnan was 18700 yuan / ton, and the SCR5 report was 17600 yuan / ton; Guangdong Vietnam 3L reported 18600 yuan / ton
    .

    After a slight rebound yesterday, Shanghai rubber fell again today, touching this month's low, and finally closed lower, while the weekly line fell for three consecutive weeks
    .
    Today, driven by the continuous decline of Shanghai rubber, it fell
    again.
    The recent reversal of the trend of Shanghai rubber is mainly affected by the surge in inventories and the easing of supply, while the recent investigation by regulators into speculation in the commodity market has also suppressed the overall trend
    of the bulk to a certain extent.
    The Thai government will sell reserves again on March 7, 2017, and the trend of Shanghai rubber may come under pressure
    again.

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