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    Home > Chemicals Industry > New Chemical Materials > Realistic demand is difficult to have bright spots Rubber or continue the weak trend

    Realistic demand is difficult to have bright spots Rubber or continue the weak trend

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    On Tuesday, the main force of rubber RU closed at 12875 (-170) yuan / ton, the price of mixed rubber was 11025 yuan / ton (+25), and the basis of the main contract was -800 yuan / ton (-80); The top 20 main long positions are 79598 (-3432), short positions are 95990 (-1331), and net short positions are 16392 (+4763).

    NR main closing price 9945 (-80) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1395 US dollars / ton (-20), Malaysia standard rubber 1375 US dollars / ton (-12.
    5).

    rubber

    As of 9.
    30: Exchange total inventory 306262 (+3701), Exchange warehouse receipt 270920 (+8820).

    Ingredients: raw film 49.
    79 baht/kg (+0.
    56), cup glue 42.
    35 baht/kg (+0.
    6), glue 46.
    6 baht/kg (+0.
    1), tobacco film 52.
    50 baht/kg (-0.
    43).

    As of 9.
    29, the domestic all-steel tire operating rate was 58.
    09% (-1.
    78%), and the domestic semi-steel tire operating rate was 62.
    64% (-0.
    32%)
    .

    Rubber prices continued to be weak, and with the decline in domestic raw material prices and the continued decline in concentrated milk profits, the early concerns about the reduction of domestic late-delivery products slowed down
    .
    Coupled with the recovery of weak domestic demand and concerns about continued downward overseas demand, rubber prices weakened again
    .
    The middle line is more certain due to the increase in supply, and the demand is difficult to have bright spots, it is expected that the rubber middle line is still empty, but at present, Yunnan raw materials converted to the disk profit has lost money, or also limited the short-term space of rubber
    .

    After the market's concerns about the reduction of domestic late-stage RU deliveries have slowed down, rubber prices may continue to weaken under
    the weak actual demand.
    However, at present, Yunnan raw materials have been converted to disk profits, or it has also limited the short-term downspace
    of rubber.

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