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    Home > Chemicals Industry > New Chemical Materials > Rubber futures prices closed slightly higher, focusing on upward pressure in the short term

    Rubber futures prices closed slightly higher, focusing on upward pressure in the short term

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: rubber closed slightly higher, RU2001 reduced its position and contracted, and the futures price closed slightly higher
    .
    The day closed at 11725, +0.
    39% from the previous trading day; Volume 237612, position 327350, -2920, basis -725, +90, Ru1-May spread -185, -5
    .
    NR2002 closed at 9960, +0% from the previous trading day; Volume 3128, position 24534, +4, basis -488, +78, NR2-5 spread -160, +45
    .

    rubber

    News: 1.
    According to Longzhong Information statistics, the construction of semi-steel tires started 63.
    19% last week, up 8.
    67% month-on-month and down 2.
    81% year-on-year; Last week, all-steel tires started 67.
    59%, up 11.
    24% month-on-month and down 5.
    41%
    year-on-year.
    2.
    Cambodia's rubber exports increased by 23.
    35%
    from January to September 2019.
    3.
    The Thai cabinet approved 24 billion comprehensive rubber price insurance measures, the first phase of which lasted for 6 months
    .

    Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market is 11000 (+50) yuan / ton; Vietnam 3L quotation 11150 (+0) yuan / ton; Thai No.
    3 tobacco tablets 13700 (+0) yuan/ton; Yunnan 19 years full latex 11050 (+0) yuan / ton
    .
    Thai Hat Yai raw material market raw film 36.
    89 (-0.
    29) baht/kg; Tai San tobacco tablets 39.
    29 (-0.
    44) baht/kg; field glue 36.
    7 (+0.
    3) baht/kg; 31 (+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 1330 (+10) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse price increase of 1340 (+10) 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 11300 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 407970 tons, -500 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 top 20 long positions 75528, -2112; short positions 109117, -989
    .
    Long and short are reduced at the same time, and headroom is increased
    .

    Summary: At present, domestic and foreign production areas are in the rubber tapping period, the supply of Southeast Asia has increased significantly, and the price of raw materials is lower than the same period
    of previous years.
    After the holiday, the operating rate of Shandong tire enterprises increased significantly, affected by the tight domestic trade, downstream tire companies had demand for replenishment of inventory, and domestic inventory declined
    .
    At the same time, in terms of the terminal market, affected by the Wuxi viaduct incident, the domestic control of overload and overrun will be more stringent, or drive the increase
    in sales of heavy trucks.
    Technically, the RU2001 contract price opened high and fluctuated, and the lower 11680 area supported the futures price, short-term attention to the pressure around 11900 above, it is recommended to trade in the 11680-11900 range; NR2002 contract downward to recover, the lower 9950 line to the futures price support, short-term focus on the pressure around 10130, it is recommended to trade
    in the 9950-10130 range.

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