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    Home > Chemicals Industry > New Chemical Materials > Market sentiment eased Rubber prices rebounded low

    Market sentiment eased Rubber prices rebounded low

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    On Tuesday, the main force of rubber RU closed at 12765 (+330) yuan / ton, the mixed rubber quotation was 12350 yuan / ton (+200), and the basis of the main contract was -440 yuan / ton (-280); The top 20 main long positions 106095 (-4035), short positions 159227 (-6430), net short positions 53132 (-2395).

    NR main closing price 10845 (+310) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1625 (+35) US dollars / ton, Malaysian standard rubber 1620 US dollars / ton (+35), Indonesian standard rubber 1675 (+20) US dollars / ton
    .

    rubber

    As of May 6: Exchange Total Inventory 263566 (-19), Exchange Warehouse Receipt 254440 (+1450).

    Raw materials: raw film 62.
    4 (0), cup glue 46.
    45 (-3.
    5), glue 65.
    5 (+0.
    5), tobacco film 68.
    11 (-0.
    29).

    As of May 5, the domestic all-steel tire operating rate was 40.
    18% (-14.
    81%), and the domestic semi-steel tire operating rate was 40.
    64% (-25.
    13%)
    .

    As of the end of last week, domestic Qingdao port inventory rebounded slightly, mainly due to the phased shutdown of tire factories during the downstream holiday period led to a decline in raw material export rate, as demand rebounded, it is expected that it is difficult to accumulate inventory pressure
    in the later period.
    Yesterday's rubber plate price rebounded from a low level, mainly due to the recent relative advantage of all-latex spot price led to a month-on-month improvement in consumption, and at the same time, after the easing of market sentiment, especially after the depreciation of the RMB, the market expects domestic exports to improve month-on-month in the later period, resulting in a significant rebound
    in NR yesterday.
    However, the actual demand is still poor, and we must see a substantial improvement in demand and a decline
    in the finished product warehouse of tire factories.
    Caution is
    advised.

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