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    Home > Chemicals Industry > New Chemical Materials > Rubber continues to fluctuate the market It is recommended to wait and see for the time being

    Rubber continues to fluctuate the market It is recommended to wait and see for the time being

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Monday, the main force of rubber RU closed at 13540 (-5) yuan / ton, the mixed rubber quotation was 12875 yuan / ton (0), and the basis of the main contract was -715 yuan / ton (+30); The top 20 main long positions were 87172 (+2196), short positions 136531 (+1903), and net short positions were 49359 (-293).

    On the 11th, the main closing price of NR was 11335 (-5) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1775 (-10) US dollars / ton, Malaysian standard rubber 1775 US dollars / ton (0), Indonesia standard rubber 1810 (0) US dollars / ton
    .

    rubber

    As of April 8: total stock on the exchange 258910 (+900), exchange warehouse receipt 246620 (+1090).

    Raw materials: raw film 68.
    18 (0), cup glue 51.
    55 (+0.
    05), glue 68.
    9 (0), tobacco film 73.
    4 (-1.
    95).

    As of April 7, the domestic all-steel tire operating rate was 49.
    43% (-9.
    8%), and the domestic semi-steel tire operating rate was 67.
    11% (-7.
    4%)
    .

    Because the domestic epidemic situation has not yet stabilized, the market atmosphere is more pessimistic, most of the surrounding commodities are under pressure to fall, and yesterday's rubber prices fluctuated in a narrow range
    .
    On the one hand, due to the impact of the epidemic, the actual demand is poor, and some domestic tire factories are still reducing the operating rate
    due to logistics obstacles.
    On the other hand, because the plate price has fallen below the cost of domestic raw materials, the rubber price presents a dilemma in the short term
    .
    It is expected that the domestic epidemic will have a certain impact on the supply and demand of rubber, and for the domestic Qingdao port, it may bring about the possibility
    of slowing the pressure of inventory accumulation.
    Under the low valuation, before the domestic epidemic situation is not stable, the price of rubber may continue to fluctuate, it is recommended to wait and see
    for the time being.

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