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    Home > Chemicals Industry > New Chemical Materials > May 24 Shanghai rubber morning review

    May 24 Shanghai rubber morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    Crude futures edged lower for a fourth straight session on Monday as concerns about abundant global crude supplies reignited
    .
    The NYMEX July contract fell 0.
    7 percent to $
    48.
    08 a barrel.
    The Shanghai rubber 1609 contract fell 1.
    62% to close at 10,330 yuan / ton
    .

    Shanghai rubber

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10000-10100 (-450/-350) yuan / ton; Vietnam's 3L quotation is at 10600 (-400) yuan / ton; 15 years Thailand No.
    3 smoke 11600 (-250) yuan / ton; RMB mixed rubber 9900-9950 (0/+50) yuan/ton
    .
    Thai Hat Yai raw material market raw film 56.
    23 (-2.
    06) baht/kg; Tai San Tobacco Tablets 58.
    59 (-1.
    58) THB/kg; Field glue 56 (-2) baht/kg; Cup gum 42 (-3) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (-400), cis-butadiene rubber market price 10200 yuan / ton (-200).

    News side: 1.
    General Administration of Customs: China's imports of tianjiao in April fell by 3% year-on-year, and synthetic rubber increased by 126%.

    2.
    The U.
    S
    .
    auto market will see a 5.
    7% year-on-year decline in new car sales in May.

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 293,400 tons, a decrease of 550 tons
    .

    At present, the inventory of Qingdao Free Trade Zone is still declining, and the sales volume of heavy trucks in April increased year-on-year and expanded, indicating that demand is gradually picking up
    .
    The operating rate of downstream tire factories has declined, and slightly lower than the same period last year, with the domestic rubber production area has been cut one after another, raw material supply and demand is tight or eased, but due to the impact of dry weather in the early stage, the supply of production areas has not yet increased
    .
    Overnight, the Shanghai rubber 1609 contract opened low, and the 10,000 integer mark support was paid attention to below, and caution was needed to chase the short
    .

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