echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Rubber maintained range-bound demand improved after the year

    Rubber maintained range-bound demand improved after the year

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Tuesday, the main force of rubber RU closed at 14695 (-160) yuan / ton, the mixed rubber quotation was 13025 yuan / ton (0), and the basis of the main contract was -1045 yuan / ton (-40); The top 20 main long positions 103265 (-1792), short positions 163218 (+6519), net short positions 59953 (+8311).

    NR main closing price of 11595 (-120) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1765 (-10) US dollars / ton, Malaysian standard rubber 1755 US dollars / ton (-10), Indonesian standard rubber 1785 (-10) US dollars / ton
    .

    rubber

    As of December 31: total stock on the exchange 230855 (+2800), exchange warehouse receipt 208410 (+1820).

    Raw materials: raw film 53.
    2 (-0.
    68), cup glue 46.
    15 (+0.
    13), glue 49 (1), tobacco film 57.
    36 (+0.
    71).

    As of December 30, the domestic all-steel tire operating rate was 61.
    72% (-2.
    14%), and the domestic semi-steel tire operating rate was 63.
    7% (-0.
    05%)
    .

    Driven by the warm market outside the holiday market, yesterday's rubber price opened higher and then fell, the current pressure of rubber mainly comes from industrial hedging, the current non-standard price difference still arbitrage profit
    .
    At present, rubber is still long and short, weak demand has led to high finished product inventory of tire factories, limiting their raw material procurement demand, and the domestic arrival volume brought about by the delay of shipping schedule has never risen, which has also brought about the continuation of domestic port inventory
    .
    The general direction of rubber prices maintained range-bound volatility, and demand is expected
    to improve after the year.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.