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    Home > Chemicals Industry > New Chemical Materials > Rubber rebound momentum is insufficient domestic demand has not improved significantly

    Rubber rebound momentum is insufficient domestic demand has not improved significantly

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of rubber RU closed at 13335 (-15) yuan / ton, the price of mixed rubber was 12750 yuan / ton (0), and the basis of the main contract was -585 yuan / ton (-135); The top 20 main long positions are 93577 (+89), short positions 136198 (+1797), and net short positions are 42621 (-1886).

    NR main closing price 11020 (-30) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1840 (0) US dollars / ton, Malaysian standard rubber 1835 US dollars / ton (0), Indonesia standard rubber 1890 (0) US dollars / ton
    .

    rubber

    As of March 11: total stock on the exchange 252274 (+1070), exchange warehouse receipt 242100 (+880).

    Raw materials: raw film 63.
    38 (0), cup glue 49.
    8 (-0.
    35), glue 65.
    5 (-0.
    5), tobacco film 67.
    07 (-0.
    57).

    As of March 10, the domestic all-steel tire operating rate was 61.
    94% (+4.
    46%), and the domestic semi-steel tire operating rate was 72% (+11.
    61%)
    .

    Viewpoint: Under the market's expectation of a late domestic interest rate cut, the market picked up yesterday afternoon, but the performance of rubber prices was still relatively poor
    .
    At present, rubber is still inconsistent inside and outside, and the price of raw materials in Thailand's main producing areas is on the high side
    .
    In China, due to the easing of port shipping schedules after the year, the number of arrivals continues to rise, and the upcoming opening of the main domestic Yunnan production areas, it is expected that the domestic dark and light color glue is expected
    to accumulate.
    Under the condition that domestic demand cannot be significantly improved, it is expected that domestic port inventories will continue to accumulate slightly in the later period, reflecting that domestic prices are still difficult to improve
    .
    The supply and demand drive of rubber is still weak, and the rebound momentum is insufficient
    .

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