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    Home > Chemicals Industry > New Chemical Materials > Rubber rebound blocked Futures prices closed slightly lower

    Rubber rebound blocked Futures prices closed slightly lower

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: rubber rebound blocked, RU2001 reduced positions and contracted, futures prices closed down
    .
    The day closed at 11905, -1.
    77% from the previous session; Volume 322842, position 360772, -7592, basis -805, -70, Ru1-May spread -165, -5
    .
    NR2002 closed at 10145, -1.
    6%
    from the previous session.

    rubber

    News: 1.
    According to Longzhong Information, the preliminary value of natural rubber imports in August 2019 was 430,000 tons, down 1.
    62% month-on-month and 14.
    02% year-on-year, and the cumulative import volume from January to August 2019 was 3.
    2915 million tons, down 8.
    23%
    year-on-year.
    2.
    In July 2019, Malaysia's tianjiao production increased
    year-on-year.
    3.
    The export volume of natural rubber from January to July in Côte d'Ivoire increased by 12%
    year-on-year.

    Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market is 11100 (-200) yuan / ton; Vietnam 3L quotation 11200 (-150) yuan / ton; Thailand No.
    3 tobacco tablets 13500 (-250) yuan/ton; Yunnan 18 years full latex 10950 (-150) yuan / ton
    .
    The purchase price of natural rubber fresh glue and dry rubber of Hainan state-owned rubber processing plant rose to 10,800 yuan / ton
    .
    Thai Hat Yai raw material market raw film 39.
    75 (-0.
    45) baht/kg; Tai San Tobacco Tablets 41.
    79 (-0.
    6) THB/kg; field glue 40 (+0) baht/kg; Cup gum 33.
    75 (+0) baht/kg
    .
    SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1350 (+10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1350 (+10) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1355 (+5) US dollars / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10700 (+0) yuan / ton; The market price of cis-butadiene rubber is 11300 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 428990 tons, +170 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 Top 20 long positions 79954, -2101; short positions 119391, -2706
    .
    Long and short are reduced together, and headroom is reduced
    .

    Summary: At present, domestic and foreign production areas are in the rubber tapping period, and the weather in Southeast Asia is better, and the supply will increase significantly in the later period
    .
    On the demand side, affected by environmental protection factors in September, the operating rate in Shandong may decline, and there is still no bright spot on the demand side
    .
    At present, the rubber tapping season is still facing an oversupply situation, and the rebound of futures prices is weak
    .

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