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    Home > Chemicals Industry > New Chemical Materials > Rubber position reduction closed higher, short-term more ideas operation

    Rubber position reduction closed higher, short-term more ideas operation

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: rubber position reduction closed higher, RU2001 position reduction increase, futures price closed up
    .
    The day closed at 11695, +0.
    91% from the previous trading day; Volume 341942, position 326910, -11410; basis -745, +20; Ru1-May spread -185, +0
    .
    NR2002 closed at 9975, +1.
    58% from the previous session; Volume 5584, position 22852, +14, basis -497, -148, NR2-5 spread -140, +30
    .

    rubber

    News: 1.
    China's imports of natural and synthetic rubber (including latex) in September increased by 1.
    5%
    month-on-month.
    2.
    In the first 8 months of 2019, Indonesia exported a total of 2.
    05 million tons of natural rubber, down 12.
    8%
    year-on-year.
    Wholesale sales of passenger cars in March and September: The year-on-year decline narrowed, and Changan entered the top 10
    .

    Market quotation: the quotation of state-owned whole milk (Yunxiang) in the Shanghai market for 17 years is 10950 (+100) yuan / ton; Vietnam 3L quotation 11200 (+150) yuan / ton; Thailand No.
    3 tobacco tablets 13700 (+150) yuan/ton; Yunnan 18 years full latex 10900 (+0) yuan / ton
    .
    On October 14, the anniversary of the death of King 9 of Thailand, the Thai raw material market is closed
    .
    SMR20 Qingdao Free Trade Zone warehouse price increase of 1325 (+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 (+0) US dollars / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10700 (-300) yuan / ton; The market price of cis-butadiene rubber is 12000 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 407510 tons, -30 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 Top 20 Long Positions 75003, -1903; Short Positions 111808, -3931
    .
    Long and short are reduced together, and headroom is reduced
    .

    Summary: At present, domestic and foreign production areas are in the rubber tapping period, the supply of Southeast Asia has increased significantly, and the price of raw materials is lower than the same period
    of previous years.
    After the holiday, the operating rate of Shandong tire enterprises increased, with 54.
    52% of semi-steel tires starting last week, up 13.
    65% from the previous month; All-steel tires started 56.
    35%, up 18.
    77%
    month-on-month.
    Affected by the suspension of business by a domestic trading enterprise, downstream tire companies have the demand to replenish inventory, and domestic inventory has decreased
    significantly.
    According to Longzhong statistics, as of October 7, the bonded inventory of natural rubber and general trade inventory in Qingdao have fallen sharply, and the pressure on circulation has weakened
    .
    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, the RU2001 contract reduced its position and closed higher, paying attention to the pressure around 11900 above, and the short-term operation was more ideas; The NR2002 contract focuses on pressure around 10100, and short-term trading is recommended in the 9920-10100 range
    .

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