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    Home > Chemicals Industry > New Chemical Materials > Rubber futures prices closed higher and demand was expected to decline

    Rubber futures prices closed higher and demand was expected to decline

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Monday, the rubber RU2105 contract reduced its position, and the futures price closed higher
    .
    The current price closed at 14655, +1.
    88% from the previous trading day; Volume 464483 lots, position volume 200005 lots, -2886, basis -655; RU5-9 spread -70
    .
    The NR2104 contract futures closed at 10850, +1.
    26% from the previous session; Volume 18531 lots, position 26552 lots, +1645; NR03-04 spread -110
    .

    rubber

    News: 1.
    Customs data show that natural rubber imports in December 2020 were 588,300 tons, up 09,600 tons, or 1.
    66%, and down 17,500 tons, or 2.
    89%,
    year-on-year.
    2
    .
    Malaysia allows all areas to extend business hours until 10pm.
    3.
    Thailand's Department of Disease Control and Prevention: Except for Long Zai House and Bangkok, the new round of the epidemic has been basically controlled
    .

    Market quotation: Shanghai market 19 years state-owned full latex reported 14000 (+200) yuan / ton, Vietnam 3L reported 13450 (+200) yuan / ton, Thailand No.
    3 tobacco film reported 20550 (+200) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1625 (+15) US dollars / ton, Qingdao market STR20 February cargo reported 1630 (+15) US dollars / ton
    .
    Thailand Hat Yai raw material market field glue 45.
    5 (+0.
    5) baht/kg; Cup gum 38.
    9 (+0.
    75) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China Market price 12600 (+0) yuan / ton; The market price of cis-butadiene rubber is 11400 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 167940 tons, + 900 tons; NR warehouse receipt 55319 tons, + 201 tons
    .

    Main positions: RU2105 Top 20 long positions 88940, -1545; Short positions 137485, +98;
    Summary: From the perspective of overseas production areas, the northeast of Thailand is expected to stop cutting at the end of January, some areas are expected to stop cutting in mid-February, and the southern part is expected to stop cutting
    at the end of February.
    Recently, the epidemic situation in Thailand has eased, and the output and export volume of tianjiao under the peak production season have not been significantly affected
    .
    The Thai Rubber Authority has decided to launch a 200,000-ton fresh latex purchase plan, which will promote the price of raw materials in Thailand to be firm, and the future market will pay attention to its actual landing
    .
    On the demand side, the Spring Festival is approaching, the pre-holiday stocking is basically completed, most tire companies in Dongying plan to stop work and holiday in early February, and rubber demand is expected
    to decline.

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