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    Home > Chemicals Industry > New Chemical Materials > Rubber position increase increase futures prices closed slightly higher

    Rubber position increase increase futures prices closed slightly higher

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market conditions: rubber increase increment, RU2001 increase in position, futures price closed up
    .
    The day closed at 11845, +1.
    11% from the previous session; Volume 423546, position 340798, +13448, basis -695, +30, Ru1-May spread -185, +0
    .
    NR2002 closed at 10020, +0.
    65% from the previous trading day; Volume 12028, position 26996, +2462, basis -584, -96, NR2-5 spread -205, -45
    .

    rubber

    News: 1.
    A major rubber-growing area in Thailand was hit by a fungal disease outbreak
    .
    2.
    Thailand's export volume of tianjiao in September continued to decline
    .
    3.
    ANRPC: Global natural rubber production in the first half of 2019 decreased by 8.
    3%
    year-on-year.

    Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market is 11150 (+150) yuan / ton; Vietnam 3L quotation 11300 (+150) yuan / ton; Thailand No.
    3 tobacco tablets 13850 (+150) yuan/ton; Yunnan 19 years full latex 11100 (+50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 37.
    09 (+0.
    2) baht/kg; Tai San tobacco tablets 39.
    6 (+0.
    31) baht/kg; field glue 36.
    7 (+0) baht/kg; 31.
    2 (+0.
    2) THB/kg
    .
    SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1330 (+0) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1330 (+0) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse price increase of 1335 (-5) 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 407220 tons, -750 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 Top 20 long positions 79516, +4022; short positions 113656, +5205
    .
    Long and short increase at the same time, headroom increases
    .

    At present, domestic and foreign production areas are in the rubber tapping period, Southeast Asian supply has increased significantly, raw material prices are lower than the same period of previous years, it is reported that a major rubber planting area in Thailand has been hit by a fungal disease outbreak, and it is necessary to pay attention to its impact
    on production.
    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, RU2001 contract increased positions to the upside, the upper 11900 around the futures price suppressed, pay attention to the support around 10700 below, short-term recommended to trade in the 11700-11900 range; The NR2002 contract rushed back down, the pressure around 10130 above is greater, and it is recommended to trade
    in the 9950-10130 range in the short term.

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