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    Home > Chemicals Industry > New Chemical Materials > Rubber narrowly oscillated futures prices closed lower

    Rubber narrowly oscillated futures prices closed lower

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Wednesday, the rubber RU2009 contract fluctuated in a narrow range, and the futures price closed lower
    .
    The current price closed at 10585, -0.
    33% from the previous trading day; Volume 177934 lots, position volume 214845 lots, +1335, basis -235; RU9-1 spread -1250
    .
    NR2009 contract futures closed at 8985, -0.
    66% from the previous session; Volume 3601 lots, position volume 15928 lots, +301; NR8-9 spread -125
    .

    rubber

    News: 1.
    According to Longzhong information statistics, as of the week of June 4, the operating rate of semi-steel tire manufacturers was 60.
    34%, down 1.
    71% month-on-month and 6.
    29% year-on-year; The operating rate of all-steel tire manufacturers was 70.
    48%, down 0.
    61% month-on-month and up 0.
    11%
    year-on-year.
    2.
    General Administration of Customs: China's rubber imports in May fell 13% year-on-year to 441,000 tons
    .
    3.
    The second phase of Thailand's rubber comprehensive price insurance measures is pre-proposed, benefiting 1.
    8 million rubber farmers
    .

    Market quotation: Shanghai market 18-year state-owned full latex reported 10350 (+0) yuan / ton, Vietnam 3L reported 10750 (+0) yuan / ton, Thailand No.
    3 tobacco film reported 12750 (+0) yuan / ton
    .
    Qingdao market STR20 warehouse spot reported 1250 (+0) US dollars / ton, Qingdao market STR20 June cargo reported 1250 (+0) US dollars / ton
    .
    Thailand Hat Yai raw material market field glue 46 (+0.
    5) baht/kg; Cup gum 31.
    8 (+0.
    15) baht/kg
    .
    Domestic Yunnan Xishuangbanna glue is 9.
    3-9.
    6 (+0/+0) yuan / kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 7800 (+0) yuan / ton; The market price of cis-butadiene rubber is 7500 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 231880 tons, +0 tons; NR warehouse receipts 61,660 tons, -604 tons
    .

    Main positions: RU2009 top 20 long positions 97178, +1557; short positions 150087, +2067; long and short increase, net short increase
    .

    Summary: From the current fundamental point of view, the full opening of the domestic Banna production area has been postponed twice compared with the previous expectations, and it is optimistic that it is expected to be in mid-June, and the current cutting ratio is about 3-4%.

    Continuous rainfall and shortage of rubber farmers in Thailand's production areas have affected relatively small production
    .
    In the downstream, the export market inquiry and snow tire orders increased, and the overall start of semi-steel tires may increase slightly; All-steel tires are temporarily unable to provide obvious favorable guidance for domestic and foreign markets, and short-term manufacturers may stabilize
    .
    From the terminal point of view, the performance of tire supporting demand in the later period driven by infrastructure is expected to be better
    .

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