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    Home > Chemicals Industry > New Chemical Materials > Rubber contract position reduction and shrinkage volatility is more thoughtful treatment

    Rubber contract position reduction and shrinkage volatility is more thoughtful treatment

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    On Thursday, the rubber RU2101 contract reduced its position and contracted, and the futures price closed higher
    .
    The current day price closed at 14490, +3.
    24% from the previous trading day; Volume 745492 lots, position volume 167942 lots, -1208, basis -940; RU1-5 spread -85
    .
    The NR2101 contract futures closed at 10810, +2.
    76% from the previous session; The trading volume is 23356 lots, the position is 29955 lots, -70; NR01-02 spread is -90
    .

    rubber

    News: 1.
    Indonesia's exports of tianjiao in October increased month-on-month, and mixed rubber continued to decline
    .
    2.
    Vietnam's mixed rubber exports to China in October increased by 20%
    year-on-year.
    3.
    General Administration of Customs: China's rubber imports in October increased by 34% year-on-year to 671,000 tons
    .

    Market quotation: Shanghai market 19-year state-owned full latex reported 13550 (+500) yuan / ton, Vietnam 3L reported 13300 (+250) yuan / ton, Thailand No.
    3 tobacco film reported 18400 (+300) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1590 (+0) US dollars / ton, Qingdao market STR20 November cargo reported 1580 (+0) US dollars / ton
    .
    Thailand Hat Yai raw material market field glue 48 (+0.
    5) baht/kg; Cup gum 38.
    5 (+0.
    3) baht/kg
    .
    Domestic Yunnan Xishuangbanna glue into the dry rubber factory 12.
    1-12.
    5 (+0/+0) yuan/kg; Glue into the latex factory 12.
    8 (+0) yuan/kg
    .
    Hainan state-owned glue into the whole dairy plant to produce whole milk 12500 (+0) yuan / ton, into the concentrated dairy plant to produce concentrated milk 12500 (+0) yuan / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 11400 (+0) yuan / ton; The market price of cis-butadiene rubber is 10800 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 226230 tons, - 840 tons; NR warehouse receipts 39,373 tons, - 201 tons
    .
    Main positions: RU2101 top 20 long positions 83739, - 854; short positions 105382, -2710; long and short reduction, net space reduction
    .

    Summary: The weather in the production area has recently improved suitable for rubber tapping, the amount of raw material glue has gradually increased, and the price has been rapidly corrected, and the current price of Hainan glue into the whole dairy plant and the price of the concentrated dairy plant are flat
    .
    On the demand side, the operating rate of tire factories continued to increase month-on-month and was significantly higher than the same period last year, but the second outbreak of the overseas epidemic made export orders in December expected
    to decline.
    Although the recent weather is conducive to rubber tapping, there is still support for futures prices due to the lack of deliveries under the
    year-round production reduction.
    On the market, the RU2101 contract showed strong support at the 14000 mark, the futures price fluctuated and rebounded, and the short-term focus on the pressure around 14630 above, it is recommended to trade in the 14250-14630 range; The NR2101 contract price broke through the 10700 first-line pressure, and the short-term focus on the pressure around 11000 is recommended to be treated with more ideas
    .

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