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    Home > Chemicals Industry > New Chemical Materials > Rubber opened low and fluctuated futures prices closed slightly lower

    Rubber opened low and fluctuated futures prices closed slightly lower

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    The rubber RU2101 contract opened low and volatile on Thursday, and the futures price closed slightly lower
    .
    The current day price closed at 12200, -0.
    33% from the previous trading day; Volume 237012 lots, position volume 212800 lots, -7110; basis -700; RU1-5 spread -185
    .
    The NR2011 contract futures closed at 9200, -0.
    65% from the previous session; 6687 lots were traded, 23464 lots, -393, NR11-12 spread was -145
    .

    rubber

    News: 1.
    General Administration of Customs: China's rubber imports in August increased by 30% year-on-year to 699,000 tons
    .
    2.
    Indonesia's exports of natural rubber in August fell month-on-month, and mixed rubber continued to rise
    .
    In March and July, U.
    S.
    tire imports rose
    for the second consecutive month.

    Market quotation: Shanghai market 18-year state-owned full latex reported 11500 (+50) yuan / ton, Vietnam 3L reported 11350 (+100) yuan / ton, Thailand No.
    3 tobacco film reported 15650 (+100) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1410 (-20) US dollars / ton, Qingdao market STR20 September cargo reported 1415 (-20) US dollars / ton
    .
    Field glue in Hat Yai raw material market in Thailand 46.
    3 (+0) baht/kg; Cup glue 35.
    41 (-0.
    7) baht/kg
    .
    Domestic Yunnan Xishuangbanna glue into the dry rubber factory 10-10.
    5 (+0/-0.
    1) yuan/kg, into the latex factory 10.
    80 (-0.
    05) yuan / kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China Market price 8800 (+300) yuan / ton; The market price of cis-butadiene rubber is 8500 (+200) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 212990 tons, + 20 tons; NR warehouse receipts 32,801 tonnes, -202 tonnes
    .

    Main positions: RU2101 top 20 long positions 95746, - 1573; short positions 142990, - 4671; long and short are reduced together, net short is reduced
    .

    Summary: From the current fundamental point of view, Banna is still in the rainy season, frequent precipitation is not conducive to rubber tapping, and raw materials are still in a tight state
    .
    At present, overseas alternative planting index rubber has entered the customs one after another, and it is reported that most of them are mainly finished products; Hainan rubber tapping work is carried out normally, and the output of new rubber can relatively meet the normal operation of the processing plant
    .
    In terms of inventory, the inventory of Qingdao Free Trade Zone is basically stable, and it is difficult to destocking rubber during the peak supply season
    .
    In the downstream, tire manufacturers have generally shipped in the domestic market, good shipments in the export market and supporting markets, and the inventory of finished products of manufacturers is still high
    .
    The sales volume of the heavy-duty truck market continued to grow sharply year-on-year, showing strong demand for
    terminals.
    The September contract is close to delivery, and the low volume of warehouse receipts is favorable to the futures price
    .
    On the intraday, the RU2101 contract opened slightly lower and then oscillated, focusing on the pressure around 12350 in the short term, and it is recommended to trade in the 12150-12350 range; The NR2011 contract is recommended to trade
    in the 9100-9350 range.

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