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    Home > Chemicals Industry > New Chemical Materials > Rubber futures prices closed slightly higher, focusing on the pressure around 14450

    Rubber futures prices closed slightly higher, focusing on the pressure around 14450

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    On Thursday, the rubber RU2105 contract reduced its position and increased, and the futures price closed slightly higher
    .
    The current price closed at 14265, +0.
    25% from the previous trading day; Volume 498328 lots, position volume 210719 lots, -4014, basis -715; RU5-9 spread -85
    .
    The NR2103 contract futures closed at 10645, +0.
    52% from the previous session; Volume 16136 lots, position volume 28545 lots, -564; NR03-04 spread -115
    .

    rubber

    News: 1, ANRPC: From January to November, global sky rubber production fell by 8.
    3% year-on-year, and Thailand fell by 11.
    7%.

    2.
    Thai Ministry of Health: The growth of new confirmed cases in a single day has slowed down
    .
    3.
    Malaysia's epidemic situation has not slowed down, floods have worsened, the economy has been threatened, and the whole country has entered a state of
    emergency.
    4.
    Hainan continues to have low temperature weather, and rubber trees may be
    damaged.

    Market quotation: Shanghai market 19 years state-owned full latex reported 13550 (+0) yuan / ton, Vietnam 3L reported 13100 (+0) yuan / ton, Thailand No.
    3 tobacco film reported 19900 (+100) yuan / ton
    .
    Qingdao market STR20 warehouse spot reported 1630 (+20) US dollars / ton, Qingdao market STR20 January cargo reported 1630 (+20) US dollars / ton
    .
    Thailand Hat Yai raw material market field glue 51 (-0.
    3) baht/kg; Cup gum 38.
    8 (+0.
    5) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 11600 (+300) yuan / ton; The market price of cis-butadiene rubber is 10900 (+500) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 163770 tons, +0 tons; NR warehouse receipts 48,707 tons, + 201 tons
    .
    Main positions: RU2105 top 20 long positions 94681, -8; short positions 140772, -3798; long and short reduction, net space reduction
    .

    Summary: At present, the domestic production areas have entered the period of suspension, although Thailand is still in the peak production period, but the epidemic spread is still relatively fast, and the country is not closed for the time being, but some provinces are strictly controlled
    .
    In addition, some provinces in the main producing areas of southern Thailand have recently experienced floods and faced the impact of
    low temperatures.
    In terms of inventory, as of January 4, rubber stocks in Qingdao continued to decrease slightly, considering the tight ship space, the continuation of high freight rates, Thailand's production and exports are expected to shrink, and domestic inventories are expected to decline
    in the later period.
    On the demand side, Shandong environmental protection production restrictions were lifted, and last week's tire starts rose sharply month-on-month, but at present, domestic sales are slightly weak, export sales continue to be constrained by tight export containers and rising sea freight, and finished product inventories are in a state of accumulation, but lower than the same period
    last year.
    In order to cope with the uncertainty after the Spring Festival, the willingness of factories to accumulate stocks is still strong
    .
    On the market, the RU2105 contract closed slightly higher, focusing on the pressure around 14450 in the short term, and it is recommended to trade in the 14000-14450 range; The NR2103 contract is recommended to trade
    in the 10500-10800 range.

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