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    Home > Chemicals Industry > New Chemical Materials > Rubber warehouse reduction and shrinkage There is still pressure on supply in the future

    Rubber warehouse reduction and shrinkage There is still pressure on supply in the future

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Wednesday, rubber RU2001 reduced its position and reduced its position, and the futures price closed lower
    .
    The day closed at 12505, -1.
    38% from the previous trading day; Volume 348850, position 196892, -19106, basis -605, -120, Ru1-May spread -145, -15
    .
    NR2003 closed at 10790, -0.
    96% from the previous trading day; Volume 26362, position 45702, +1836, basis -660, -7, NR3-4 spread -50, +35
    .

    rubber

    News: 1.
    In 2019, the global car market sales may decline by more than 3 million units
    .
    In February, the European auto market increased by 8.
    6% in October, and only the United Kingdom still fell
    among the five major markets.
    3.
    Ministry of Finance: The subsidy budget for new energy vehicles in 2020 is 31.
    4 billion yuan.

    Market quotation: the quotation of 18-year state-owned whole milk (Yunxiang) in the Shanghai market was 11900 (-200) yuan / ton; Vietnam 3L quotation 11950 (-50) yuan / ton; Thailand No.
    3 tobacco tablets 14500 (-200) yuan/ton; Yunnan 19 years full latex 12200 (+200) yuan / ton
    .
    Thai Hat Yai raw material market raw film 39.
    05 (+0.
    05) baht/kg; Tai San Tobacco Tablets 41.
    65 (+0.
    08) THB/kg; field glue 38.
    6 (+0.
    3) baht/kg; 34 (+0) THB/kg
    .
    SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1430 (-10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1425 (-5) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1440 (-5) US dollars / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10600 (+0) yuan / ton; The market price of cis-butadiene rubber is 10800 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 167890 tons, +1060 tons; NR warehouse receipt 0 tons
    .

    Main positions: RU2001 top 20 long positions 47538, -4234; short positions 68799, -6362; long and short are reduced, net short is reduced
    .
    NR2003 Top 20 Long Positions 21353, +1006; Short Positions 20713, +1148; Long and Short Positions Increased, Net Long Decreased
    .

    At present, rubber tapping in the domestic Yunnan production area has entered the end, and the price of raw materials is higher than the same period last year, indicating that the supply is tight
    .
    However, Southeast Asia is still in a period of strong supply, and future supply pressure remains
    .
    Recently, the start of Shandong tire enterprises has fallen slightly, and it is currently in the stage of strict environmental protection inspection in autumn and winter, and the start of enterprises will be affected from time to time, and short-term tire manufacturers may start work or be stable
    .
    In terms of the end market, the sales volume of heavy trucks continued to improve, and near the end of the year, the elimination and renewal policy of diesel trucks under China III stimulated the demand for new vehicles in the heavy truck market, which supported the consumption of natural rubber
    .
    Technically, the Shanghai rubber RU2001 contract reduced its position and contracted, the futures price fell below the 12550 line, short-term or downward test the 12380 first-line support, it is recommended to operate with a short idea; The NR2003 contract opened low and fluctuated, focusing on support around 10790, mainly short-term wait-and-see
    .

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