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    Home > Chemicals Industry > New Chemical Materials > Rubber prices are weak, and short-term supply and demand are weak

    Rubber prices are weak, and short-term supply and demand are weak

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Thursday, the main force of rubber RU closed at 14105 (-255) yuan / ton, mixed rubber quotation 13075 yuan / ton (-25), the basis of the main contract -655 yuan / ton (+205); The top 20 main long positions 121418 (+4755), short positions 180538 (+1734), net short positions 59120 (-3021).

    NR main closing price 11315 (-265) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1810 (-5) US dollars / ton, Malaysian standard rubber 1805 US dollars / ton (-5), Indonesian standard rubber 1865 (0) US dollars / ton
    .

    rubber

    As of January 21: Exchange Total Inventory 243874 (+3949), Exchange Warehouse Receipt 226410 (+6500).

    Raw materials: raw film 55.
    05 (+0.
    15), cup glue 48.
    3 (+0.
    15), glue 53.
    5 (+0.
    5), tobacco film 57.
    89 (+0.
    2).

    As of January 20, the domestic all-steel tire operating rate was 52.
    13% (-6.
    88%), and the domestic semi-steel tire operating rate was 55.
    01% (-4.
    35%)
    .

    As the domestic Spring Festival holiday approaches, the operating rate of tire factories continues to decline this week, and it is understood that due to the impact of the domestic Winter Olympics, the resumption of work in Shandong has been postponed compared with previous years, and is expected to be postponed to February 20
    .
    Yesterday, raw material prices in Thailand maintained a narrow range, and the recent rain in Thailand decreased, but approaching the off-season of rubber tapping, the overall output growth was limited, and raw material prices were generally stable
    .
    Qingdao port has recently increased due to the easing of shipping schedules and port arrivals, and the market expects that the arrival volume will further recover after the year, so the short-term accumulation pressure will increase
    .
    Due to the seasonal decline in downstream demand, short-term rubber supply and demand showed weakness, and it is expected that the price of the plate will continue to be weak, and it is recommended to wait and see
    for the time being.

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