 Home > Chemicals Industry > New Chemical Materials > March 27 Shanghai rubber morning review

March 27 Shanghai rubber morning review

 Last Update: 2022-12-05
 Source: Internet
 Author: User

Tags

high pressure homogenizer

plastic raw material

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On Friday, the main 1709 contract of Shanghai rubber increased its position, extending its decline, and the price closed at 16865 yuan / ton, down 1.
23% from the previous trading day, increasing its position by 15502 lots, and trading 499410 lots
.

Shanghai rubber

The quotation of state-owned whole milk in Shanghai natural rubber market for 15 years was 15550 (-150) yuan / ton; Vietnam 3L quotation 16200 (0) yuan / ton; 15 years Thailand No.
3 tobacco tablets 16750-16800 (+150/-100) yuan/ton; RMB mixed glue 15900-16100 (-200) yuan / ton
.

The futures inventory of the last period was 281890 tons, an increase of 4360 tons from last week, this week the global rubber rubber tapping area is in the gap period, Yunnan, Hainan production area is about to usher in a 17-year cutting season, Yunnan cutting time is earlier than Hainan production area
.

The Xishuangbanna production area in Yunnan will start trial cutting on March 20, and the Hainan production area will start tapping rubber after the Qingming Festival (April); Thailand will hold its last Reserve Bank auction on March 21~22, and although the market has expected it, it still puts pressure
on the market.

Foreign raw material prices are firm, and the sales data of heavy trucks in February have formed some support
for the trend of Shanghai rubber.
This week, the Shanghai rubber futures price showed signs of stopping the decline and stabilizing, and it is expected that the Shanghai rubber RU1705 contract is expected to operate in the range of 17400~18400 yuan / ton with a high
probability.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.