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May 17 rubber market morning review

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

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5 16 tubing

recovery

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In the last trading day, the rubber market position was weak and volatile
.
Coupled with the fact that rubber inventories have remained high, it has inhibited the recovery of rubber prices
.

rubber

From the perspective of the domestic spot market, the quotation of natural rubber spot market in Shandong market fluctuates little, and the quotation of Yunxiang and Jinfeng full latex in 15 years is 12800 yuan / ton; The quotation of bid 2 is 13200 yuan / ton; Vietnam's 3L reference price is 13400-13500 yuan / ton, Vietnam 10# mixed quotation 12700 yuan / ton; Thai factory tobacco flakes 13600-13700 yuan / ton
.

Yunnan natural rubber market quotation is narrow.

The reference price of private full latex in 17 years is 13500 yuan / ton, and the quotation of private full latex in 16 years is 13000-13200 yuan / ton; The quotation of substandard 1 (5# glue) is 12600-12800 yuan / ton, the quotation of private standard 2 (10# glue) is 12300-12500 yuan / ton, and the quotation of TSR20# is about 12500 yuan / ton

In summary, although the decline in rubber market quotations has slowed down slightly, downside risks still exist, and it is recommended that merchants purchase
on demand.

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