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    Home > Chemicals Industry > New Chemical Materials > Non-ferrous metals made up for the rise and Shanghai rubber rose strongly

    Non-ferrous metals made up for the rise and Shanghai rubber rose strongly

    • Last Update: 2022-11-29
    • Source: Internet
    • Author: User
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    The supplementary rise of non-ferrous metals drove the Shanghai rubber market to rise strongly on Friday, and both closed the limit at the end of the day of the main contract 1605 and the far month 1609 contract
    .
    The 1605 contract reduced its position by 972 lots on the same day, and the 1609 contract increased its position by 14112 lots on the same day, and the trading volume was significantly amplified
    .

    Shanghai rubber

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10600-10700 (+500/+500) yuan / ton; Vietnam's 3L quotation is 10100 (+450) yuan / ton, Thailand's No.
    3 tobacco film is reported at 11300 (+550) yuan / ton, and the RMB mixed transaction is 9350 (+250) yuan / ton
    .
    Thai Hat Yai raw material market raw film 43.
    66 (+1.
    54) baht/kg; Tai San Tobacco Tablets 46.
    25 (+2.
    16) THB/kg; field glue 41 (+1) baht/kg; Cup glue 36.
    5 (+1.
    5) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 9400 yuan / ton (+200), cis-butadiene rubber market price 9500 yuan / ton (+300).

    News: 1, 23 tire companies were granted the first batch of industry access
    .
    2.
    Ministry of Commerce: Three measures/two opinions to stabilize automobile consumption
    .
    3.
    China's auto market sales cooled in February, and Japanese cars started a landslide
    .

    At present, Thailand has gradually entered the period of suspension, while the country has not yet been cut, and the market has entered a period
    of green and yellow.
    In the past two weeks, the inventory in the domestic bonded zone has been higher than the warehousing, while the operating rate of downstream tire factories has gradually recovered, and there is a demand
    for replenishment after the holiday.
    Short-term supply-side bullishness and optimism driven by surrounding markets have boosted
    futures prices.
    However, due to the current inventory in the market is still large, the rebound space in the future market is limited, the 1605 contract recommends paying attention to the 11350 first-line pressure, and it is not recommended to chase too high
    .
    As the main position is approaching, the premium of the far month contract may continue to expand, and investors can continue to pay attention to the 5-9 reverse arbitrage opportunity
    .

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