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    Home > Chemicals Industry > New Chemical Materials > May 12 Shanghai rubber morning review

    May 12 Shanghai rubber morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    After the sharp decline in the previous days, Shanghai rubber futures bearish factors released more, coupled with domestic black commodities also appeared a slight rebound phenomenon, so rubber prices followed some strengthening, Shanghai rubber main 1609 contract in the morning once slightly higher, but then fluctuated lower, the lowest futures price fell to 11735 yuan / ton, the afternoon began to shock up, as of the close of Shanghai rubber 1609 contract slightly rebounded 0.
    25% or 30 yuan / ton
    .

    Shanghai rubber

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11150-11250 (-100/-50) yuan / ton; Vietnam's 3L quotation is at 12000 (0) yuan / ton; 15 years Thailand No.
    3 tobacco tablets 12600 (-200) yuan / ton; RMB mixed rubber 10950 (0) yuan / ton
    .
    Thai Hat Yai raw material market raw film 60.
    19 (+0.
    3) baht/kg; Tai San tobacco tablets 62.
    06 (+0.
    44) baht/kg; field glue 60.
    5 (-0.
    5) baht/kg; Cup glue 48 (0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 12100 yuan / ton (-100), cis-butadiene rubber market price 11300 yuan / ton (-100).

    News: The British Automobile Manufacturers Association SMMT recently released April passenger car sales data, last month the country's car market sales increased 2% year-on-year, Ford fell 7% year-on-year, Volkswagen fell nearly 10%.

    Warehouse receipt inventory: Exchange warehouse receipts reported 281180 tons, an increase of 3910 tons
    .

    Overall, Thailand received localized rainfall and slightly eased dry weather
    .
    At present, the inventory of Qingdao Free Trade Zone is still declining, but the decline has narrowed
    .
    Downstream tire factories have been compressed due to the rise in raw material prices, and the operating rate of semi-steel tires has declined
    .
    In May, with the domestic rubber production area successively cut, the supply and demand of raw materials is tight or eased, but the supply of the production area has not yet increased, and many factors remain.

    The Shanghai rubber 1609 contract closed slightly lower overnight, focusing on the pressure at the 12000 position, and it is recommended to trade
    in the 11800-12100 range in the short term.

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