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    Home > Chemicals Industry > New Chemical Materials > Rubber supply and demand weakened Plate prices continued to be weak

    Rubber supply and demand weakened Plate prices continued to be weak

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of rubber RU closed at 14360 (+50) yuan / ton, the mixed rubber quotation was 13075 yuan / ton (-25), and the basis of the main contract was -860 yuan / ton (+25); The top 20 main long positions 116663 (-1826), short positions 178804 (-70), net short positions 62141 (+1756).

    NR main closing price of 11580 (+10) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1815 (-10) US dollars / ton, Malaysian standard rubber 1810 US dollars / ton (-10), Indonesian standard rubber 1865 (-5) US dollars / ton
    .

    rubber

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

    Raw materials: raw film 54.
    90 (0), cup glue 48.
    15 (+0.
    2), glue 53 (0), tobacco film 57.
    69 (+0.
    3).

    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%)
    .

    Yesterday, raw material prices in Thailand fluctuated in a narrow range, and the recent rainfall in Thailand decreased, but the overall output growth was limited
    as it approached the off-season.
    The accumulation or acceleration of the domestic Spring Festival before and after the main trading in the recent market is mainly due to the impact of the domestic downstream tire factories by the Winter Olympics, and the resumption of work is expected to be delayed compared with previous years, while the port of Qingdao has recently eased due to the easing of shipping schedules, the number of arrivals has increased, 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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