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    Home > Chemicals Industry > New Chemical Materials > Rubber futures closed slightly lower Focus on support below

    Rubber futures closed slightly lower Focus on support below

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: RU2001 reduced its position and reduced its position, and the rubber futures price closed slightly lower
    .
    The day closed at 11470, -0.
    13% from the previous session; Volume 183922, position 315786, -18102, basis -720, -45, Ru1-May spread -185, -40
    .
    NR2002 closed at 9745, -0.
    51% from the previous session; Volume 4236, position 20640, -292, basis -277, -48, NR2-5 spread -205, -45
    .

    rubber

    News: 1.
    According to Longzhong Information, the construction of semi-steel tires last week was 61.
    26%, down 6.
    09% month-on-month and 3.
    54% year-on-year; Last week, all-steel tires started 62.
    49%, down 7.
    47% month-on-month and 10.
    51%
    year-on-year.
    2.
    Thailand's exports of Tianjiao to China in August fell
    year-on-year.
    In March and August, the European auto market fell another 8.
    6%, but it is also gradually recovering
    .

    Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market is 10750 (+0) yuan / ton; Vietnam 3L quotation 11000 (+0) yuan / ton; Thai No.
    3 tobacco tablets 13200 (+0) yuan/ton; Yunnan 18 years full latex 10900 (+50) yuan / ton
    .
    The purchase price of natural rubber fresh glue and dry rubber of Hainan state-owned rubber processing plant remained stable at 10,000 yuan / ton
    .
    Thai Hat Yai raw material market raw film 38.
    39 (-0.
    2) baht/kg; Tai San tobacco tablets 38.
    49 (-1.
    01) baht/kg; field glue 37.
    8 (-1.
    5) baht/kg; Cup gum 32.
    5 (-0.
    6) baht/kg
    .
    SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1320 (-10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1325 (+0) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase 1330 (-10) US dollars / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11300 (+0) yuan / ton; The market price of cis-butadiene rubber is 12400 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 403520 tons, -710 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 Top 20 Long Positions 73049, -2992; Short Positions 108614, -4111
    .
    Long and short are reduced together, and headroom is reduced
    .

    Summary: At present, domestic and foreign production areas are in the rubber tapping period, the weather in Southeast Asia has improved, the supply has increased significantly, and the price of raw materials has fallen
    .
    On the demand side, in order to cope with the recent continuous occurrence of moderate to severe pollution weather, Shandong Province issued emergency plans for some factories in Guangrao area, and I heard that some factories have limited production by 50%.

    In addition, China III vehicles will not be able to be transported on the road in the short term, and tire demand will slow down
    .
    At present, the rubber tapping season is still facing an oversupply situation
    .
    Technically, the RU2001 contract price opened low and fluctuated, focusing on the support around 11350 below, and the short-term after the holiday is recommended to trade in the 11350-11650 range; The NR2002 contract focuses on support around 9700, and the short term after the holiday is recommended to trade
    in the 9700-10000 range.

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