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On Thursday, the rebound of the Shanghai rubber RU2201 contract was blocked, and the futures price closed slightly lower
.
The current day price closed at 14515, -0.
55% from the previous trading day; 379897 lots, position volume 183430 lots, +2138; standard basis -765; Non-standard basis - 1915; RU1-5 spread -170
.
The NR2112 contract closed at 11645, -1.
02% from the previous session; Volume 13660 lots, position volume 14145 lots, -351; NR12-1 spread 30
.
News: 1.
General Administration of Customs: China's rubber imports in September 2021 fell 29% year-on-year to 615,000 tons
.
2.
China Association of Automobile Manufacturers: In September, China's automobile production and sales increased month-on-month, while year-on-year decreased
.
3.
ANRPC: Natural rubber demand will depend on the alleviation
of power supply tension.
Market quotation: Shanghai market 19-year state-owned full latex reported 13750 (+50) yuan / ton, Vietnam 3L reported 13250 (-100) yuan / ton
.
Qingdao market STR20 stock spot reported 1785 (-10) US dollars / ton, Qingdao market STR20 November cargo reported 1775 (-10) US dollars / ton
.
Qingdao area RMB Thai mix 12600 (-50) yuan / ton, RMB horse mix 12600 (-50) yuan / ton
.
Hainan state-owned glue into the whole dairy plant 12600 (-200) yuan / ton, into the concentrated dairy plant 13200 (+0) yuan / ton
.
The purchase price of glue from dry rubber plant in Yunnan production area refers to 11.
9-12.
7 (0/0) yuan/kg, and the purchase price of glue from concentrated latex plant refers to 12.
6-12.
9 (0/0) yuan/kg
.
Field glue in Hat Yai raw material market in Thailand 52.
5 (+1.
5) baht/kg; Cup glue 48.
3 (+0.
05) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 13900 (+0) yuan / ton; The market price of cis-butadiene rubber is 14700 (+0) yuan / ton
.
Warehouse receipt inventory: RU warehouse receipt 207050 tons, +1150 tons; NR warehouse receipts 28012 tons, + 403 tons
.
Main positions: RU2201 top 20 long positions 86227, +850; short positions 123442, +1471; long and short increased, net short increased
.
Summary: Tropical Storm "Compass" has passed through Hainan, but heavy rainfall is not widespread, and it is still uncertain whether it can reach the northern region of Thailand, but due to the southwest monsoon, the rainfall in various regions of Thailand will also increase, and the impact on raw material output will increase
.
Due to the impact of epidemic prevention and control and the continued tightening of foreign workers, the delay in shipping schedules from Southeast Asia to China is still serious, and it may still be difficult to significantly increase natural rubber imports in October
.
The Mohan Port in Yunnan production area was temporarily closed due to the impact of the epidemic in Laos, and the entry of foreign raw materials was blocked
.
On the demand side, some factories have recently issued price increase notices to stimulate terminal replenishment and promote the destocking of finished tire factories, but due to factors such as limited electricity, tire starts are still at a relatively low level
.