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On Tuesday, the Shanghai rubber market opened low and went
high.
The main 1609 contract of Shanghai rubber closed at 13,000 yuan / ton, up 1.
8%, increasing its position by 29,814 lots, and trading 637296 lots
.
In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 12100-12150 (+50/+100) yuan / ton; Vietnam's 3L quotation is 12800-12900 (0/0) yuan/ton; Thailand No.
3 tobacco tablets 13200 (0) yuan/ton; RMB mixed rubber 11500 yuan / ton
.
Thai Hat Yai raw material market raw film 60.
15 (-0.
3) baht/kg; Tai San tobacco tablets 65.
25 (+0.
37) baht/kg; Field glue 62 (0) baht/kg; Cup glue 50 (-1) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 12500 yuan / ton (0), cis-butadiene rubber market price 11600 yuan / ton (-100).
News: 1.
Thai rubber cooperative: affected by drought, the output of tianjiao from January to April may be halved
.
2.
Japan's imports of tianjiao in the first quarter fell by 4.
2%.
3.
As of April 10, rubber inventories in Japanese ports increased by 4.
4%.
Affected by the Thai government's procurement of tobacco chips and dry weather, overseas raw material prices remained strong
.
The inventory of Qingdao Free Trade Zone is still declining, with the rise in raw material prices, tire factory profits have been compressed, and the domestic semi-steel tire operating rate has declined
.
In May, with the domestic rubber production area being cut one after another, the supply and demand of raw materials is tight or eased
.
Today's Shanghai rubber 1609 contract futures price was supported by the 20-day moving average oscillated higher, and the competition at the 10,000-day mark intensified at the end of the day, but the 10-day moving average restrained the futures price, and the short-term recommended to trade
in the 12600-13100 range.