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News
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Trade Service
On Tuesday, the main contract of Shanghai rubber closed at 17515 yuan / ton, -0.
26% from the previous day, holding 263600 lots, compared with -2782 hands the previous day, -0.
4% in night trading, and holding -13600 lots
.
Spot: yesterday's full latex (15-year) Shanghai quotation was 16500 yuan / ton (+300, daily rise and fall, the same below), and the basis of the near month -920 yuan / ton; Thailand RSS3 Shanghai market quotation 17800 yuan / ton (including 17% tax) (+400).
The spot market offered more enthusiasm on the day, and the price increased slightly
.
In terms of news, due to holiday factors, automobile production and sales in February decreased month-on-month, but maintained rapid year-on-year growth
.
Vehicle production in February was 2.
16 million units, down 8.
8% m/m and up 33.
8% y/y.
Sales were 1.
939 million units, down 23.
0% m/m and up 22.
4%
y/y.
On the whole, at present, the main production areas at home and abroad are in the suspension period, but there is no sign of shortage of supply, and the last batch of rubber from the Thai National Reserve Bank will be auctioned on March 21-22, the supply of rubber off-season is not light, coupled with weak oil prices dragging down butadiene prices, synthetic rubber prices continue to fall, short-term downward pressure on Shanghai rubber is still large, and the air continues to be held
.
Hujiao RU1709 continues to be held
in the front of the sky.