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

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

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Tuesday, the rubber RU2005 contract opened lower and higher, and the futures price closed slightly higher
    .
    The current price closed at 11545, +0.
    83% from the previous trading day; Volume 147898 lots, position volume 154030 lots, -3271; basis -445; RU5-9 spread - 275
    .
    The NR2004 contract closed at 9715, +1.
    15% from the previous session; Volume 7275 lots, position volume 14048 lots, -1136; NR3-4 spread -95
    .

    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 11100 (-100) yuan / ton, Vietnam 3L reported 11400 (+0) yuan / ton, Thailand No.
    3 tobacco film reported 13500 (-50) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1365 (-20) US dollars / ton, Qingdao market STR20 February cargo reported 1370 (-15) US dollars / ton
    .
    Thai Hat Yai raw material market raw film 41.
    42 (-1.
    48) baht/kg; Tai San Tobacco Tablets 45.
    35 (-0.
    95) THB/kg; field glue 44.
    5 (+0.
    2) baht/kg; 34.
    6 (-0.
    5) THB/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 9600 (+0) yuan/ton; The market price of cis-butadiene rubber is 9600 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 238440 tons, +0 tons; NR warehouse receipt 40,744 tons, +1,209 tons
    .
    Main positions: RU2005 Top 20 long positions 72149, -581; short positions 104155, -733; long and short are reduced together, net space is reduced
    .

    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 epidemic control performance is optimistic, downstream tire factories have gradually recovered, and demand has gradually opened, but the accumulation of inventory brought about by the increase in imports in the early stage will also continue to pressure rubber prices
    in the short term.
    On the plate, affected by the overseas expansion of the epidemic, the market panic increased, overnight crude oil and other commodities fell back, affected by this RU2005 contract opened sharply low after the shock upward, the market paid attention to the pressure around 11600, short-term trading in the 11300-11600 range; The NR2004 contract focuses on pressure around 9750 and is recommended to trade
    in the 9500-9750 range in the short term.

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