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    Home > Chemicals Industry > New Chemical Materials > Rubber opened low and went low, and the futures price closed slightly lower

    Rubber opened low and went low, and the futures price closed slightly lower

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    The rubber RU2101 contract opened low on Thursday and ended lower
    .
    The current price closed at 12595, -1.
    79% from the previous trading day; Volume 346905 lots, position volume 226136 lots, -6939, basis -795; RU1-5 spread -170
    .
    NR2011 contract futures closed at 9610, -2.
    78% from the previous session; 9784 lots were traded, 25409 lots, -21; NR10-11 spread was -210
    .

    rubber

    News: In January and August, sales in China's heavy-duty truck market increased by 75% year-on-year to 128,000 units
    .
    2.
    The decline in production of Japanese automakers in July narrowed
    .
    3.
    Thailand's exports of natural rubber in July increased month-on-month, while mixed rubber declined
    .

    Market quotation: Shanghai market 18-year state-owned full latex reported 11800 (+0) yuan / ton, Vietnam 3L reported 11600 (+0) yuan / ton, Thailand No.
    3 tobacco film reported 15750 (+800) yuan / ton
    .
    Qingdao market STR20 warehouse spot reported 1450 (+5) US dollars / ton, Qingdao market STR20 September cargo reported 1460 (+5) US dollars / ton
    .
    Thailand Hat Yai raw material market field glue 46 (+0.
    2) baht/kg
    .
    Domestic Yunnan Xishuangbanna glue into the dry rubber factory 10-10.
    5 (+0/+0) yuan/kg, into the latex factory 10.
    95 (+0) yuan/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China Market price 8200 (+0) yuan / ton; The market price of cis-butadiene rubber is 8100 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 214060 tons, - 660 tons; NR warehouse receipt 29877 tons, + 615 tons
    .

    Main positions: RU2101 top 20 long positions 99435, - 4147; short positions 154145, -1851; long and short are reduced together, net short increases
    .

    Summary: From the current fundamental point of view, the current situation of more rainfall in Banna has improved, but the raw materials are still small, the current alternative planting indicators have been issued, overseas rubber has entered the customs one after another, and the shortage of raw materials will be alleviated; 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 outside the Qingdao Free Trade Zone continues to accumulate, and it is difficult to destock 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 market, the RU2101 contract price fell under pressure, focusing on the support around 12450 in the short term, and it is recommended to trade in the 12450-12800 range; The NR2011 contract is recommended to trade
    in the 9530-9800 range for short term.

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