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    Home > Chemicals Industry > New Chemical Materials > Port inventories increased, and Shanghai rubber fell under pressure

    Port inventories increased, and Shanghai rubber fell under pressure

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Domestic market: On Tuesday, the main 1709 contract port inventory of Shanghai rubber increased, and the price of Shanghai rubber futures fluctuated and fell, and the price closed at 14610 yuan / ton on the same day, down 2.
    27% from the previous trading day, increasing positions by 9232 lots, and trading 664682 lots
    .

    Shanghai rubber

    News: In January and March, China's imports of sky rubber and synthetic rubber increased by 32.
    1%
    year-on-year.
    2.
    As of April 17, 2017, rubber stocks in Qingdao Free Trade Zone increased by 11.
    2% to 220,100 tons
    .

    Spot: Shanghai natural rubber market 15 years of state-owned full latex quotation at 13800 (+0) yuan / ton; Vietnam 3L quotation 14500 -14600 (-200/-100) yuan/ton; 15 years Thailand No.
    3 tobacco flakes 14650-14900 (-50/-100) yuan/ton; RMB mixed rubber 13800 (+200) yuan / ton
    .
    Thai Hat Yai raw material market raw film 68.
    39 (-0.
    63) baht/kg; Tai San Tobacco Tablets 71.
    99 (-2.
    76) THB/kg; Field glue 62.
    5 (-5.
    5) baht/kg; Cup glue 48 (-7) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12800 (+300) yuan / ton; The market price of cis-butadiene rubber is 14400 (+0) yuan / ton
    .

    At present, the operating rate of semi-steel tires and all-steel tires in domestic tire factories are lower than the same period last year, and the tires of downstream enterprises are affected by environmental protection inspections, resulting in a decline in operation, which has reduced the demand
    for downstream tires.
    In March 2017, the domestic heavy-duty truck market sold a total of 106,000 vehicles of various types, a significant increase of 42% over the same period last year, but an increase of 23%
    month-on-month.
    Heavy-duty truck sales in March hit a new high in nearly six years, but demand fell short of expectations
    .

    From the perspective of circulation, as of March 31, 2017, the total rubber inventory of Qingdao Bonded Bureau increased by 5.
    83% compared with March 15, 2017 to 197,900 tons, an increase of 07,300 tons from the previous month, and the inventory was at a high level overall; coupled with Thailand's 107,000 tons of inventory without enterprise bidding and Yunnan's full cutting after the Songkran Festival, the supply further increased
    .
    In addition, the price of synthetic rubber is discounted to the price of Shanghai rubber, which has formed a certain drag
    on it.
    The Shanghai rubber 1709 contract focuses on support around 14200 in the short term, and it is recommended to trade
    in the 14200-15400 range.

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