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Rubber futures prices closed higher and the pressure above was still large

 Last Update: 2022-12-17
 Source: Internet
 Author: User

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all powder detergent

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On Wednesday, rubber positions closed higher, RU2001 increased positions, and futures prices closed higher
.
The day closed at 11955, +1.
79% from the previous trading day; Volume 364406, position 336804, +12384, basis -805, -35, Ru1-May spread -170, +10
.
NR2002 closed at 10085, +1.
66% from the previous trading day; Volume 6842, position 28688, +940, basis -676, -142, NR2-5 spread -195, +15
.

rubber

News: 1.
Egypt launched an anti-dumping investigation
on Chinese tires.
2.
Thailand's export volume of tianjiao in September continued to decline
.
3.
According to Longzhong information statistics, the construction of semi-steel tires started 66.
88% last week, up 3.
69% month-on-month and 0.
38% year-on-year; All-steel tires started 65.
81%, down 1.
78% month-on-month and 7.
19%
year-on-year.

Market quotation: the quotation of 18-year state-owned whole milk (Yunxiang) in the Shanghai market was 11150 (+130) yuan / ton; Vietnam 3L quotation 11250 (+150) yuan / ton; Thailand No.
3 tobacco tablets 13900 (+200) yuan/ton; Yunnan 19 years full latex 11150 (+0) yuan / ton
.
Thai Hat Yai raw material market raw film 37.
05 (-0.
28) baht/kg; Tai San tobacco tablets 39.
31 (+0.
21) baht/kg; field glue 37.
7 (+0) baht/kg; 31.
5 (+0) THB/kg
.
SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1330 (+5) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1320 (+0) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1332.
5 (+2.
5) US dollars / ton
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10400 (+0) yuan / ton; The market price of cis-butadiene rubber is 10900 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 413570 tons, +4240 tons; NR warehouse receipt 0 tons
.
Main positions: RU2001 Top 20 long positions 79853, +7108; short positions 110015, +1723
.
Long and short increase together, headroom decreases
.

Summary: At present, domestic and foreign production areas are in the rubber tapping period, Southeast Asian supply has increased significantly, a major rubber planting area in Thailand has been attacked by fungal disease outbreaks, but according to industry research, local production accounts for a small proportion of Thailand's total production, so the substantial impact is limited, but it is necessary to pay attention to the spread of fungal diseases in the later stage
.
Recently, the start of Shandong tire enterprises is subject to the restrictions of environmental protection supervision in the north in autumn and winter, and the operating rate of all-steel tires has declined
slightly.
In terms of the end market, automobile sales entered the off-season after October, and the increase in demand in the later terminal market was limited
.

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