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    Home > Chemicals Industry > New Chemical Materials > Rubber contracts opened higher and went low, and futures prices closed slightly lower

    Rubber contracts opened higher and went low, and futures prices closed slightly lower

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    The rubber RU2005 contract opened higher and lower on Wednesday, and the futures price closed slightly lower
    .
    The current day price closed at 11325, -0.
    74% from the previous trading day; Volume 132466 lots, position volume 152013 lots, -2017, basis -175; RU5-9 spread -280
    .
    NR2004 contract futures closed at 9535, -0.
    73% from the previous session; Volume 5630 lots, position 11857 lots, -2191; NR3-4 spread -85
    .

    rubber

    News: 1.
    Ministry of Commerce: Encourage all localities to introduce measures to promote the consumption of new energy vehicles and increase purchase restrictions
    .
    2.
    The resumption rate of tire enterprises in Shandong Province reached 52%.

    3.
    According to Longzhong Information statistics, the operating rate of semi-steel tire manufacturers last week was 33.
    16%, up 21.
    06% month-on-month and down 16.
    61% year-on-year; The operating rate of all-steel tire manufacturers was 37.
    02%, up 21.
    62% month-on-month and down 14.
    25%
    year-on-year.

    Market quotation: Shanghai market 18-year state-owned full latex reported 11150 (+50) yuan / ton, Vietnam 3L reported 11400 (+0) yuan / ton, Thailand No.
    3 tobacco film reported 13550 (+50) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1375 (+10) US dollars / ton, Qingdao market STR20 February cargo reported 1380 (+10) US dollars / ton
    .
    Thai Hat Yai raw material market raw film 41.
    75 (+0.
    33) baht/kg; Tai San Tobacco Tablets 45.
    49 (+0.
    14) THB/kg; field glue 44.
    5 (+0) baht/kg; 34.
    35 (-0.
    25) THB/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 9800 (+200) yuan / ton; The market price of cis-butadiene rubber is 9800 (+200) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 238440 tons, +0 tons; NR warehouse receipt 43,364 tons, +2,620 tons
    .
    Main positions: RU2005 Top 20 long positions 72100, + 181; short positions 103054, -1101; increase and decrease short, net space decrease.

    Summary: At present, the world has entered a low production period, and southern Thailand will also stop cutting early due to weather impacts, and the supply side will support
    the futures price.
    The recent domestic epidemic control performance is optimistic, downstream tire factories have gradually recovered, but the recovery progress is still slow, and the accumulation of inventory brought about by the increase in imports in the early stage will continue to pressure rubber prices in the short term, while the spread of the epidemic in Japan and South Korea may affect local automobile consumption, thereby suppressing the demand for
    natural rubber.
    On the plate, the RU2005 contract opened high and went low, the market focused on pressure around 11500 and support around 11000, and the NR2004 contract focused on pressure around 9700 and support around 9350.

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