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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber contract reduced positions and reduced the volume of futures prices continued to close higher

    Shanghai rubber contract reduced positions and reduced the volume of futures prices continued to close higher

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai rubber RU2201 contract reduced its position and contracted, and the futures price continued to close higher
    .
    The current day price closed at 13840, +2.
    4% from the previous trading day; Traded 251759 lots, position 169671 lots, -4298, standard basis -890; Non-standard basis -1640; RU1-5 spread -165
    .
    The NR2111 contract closed at 11280, +2.
    31% from the previous session; Volume 8890 lots, position 8144 lots, -1300; NR11-12 spread 105
    .

    Shanghai rubber

    News: 1.
    ANRPC: Global demand for sky rubber in 2021 is expected to increase by 9.
    3% to 14.
    17 million tons
    .
    2.
    Thailand will see heavy rains
    in parts of the east and south in the coming week.
    3.
    In the first eight months of 2021, Thailand's export volume of tianjiao increased by 27% year-on-year, while the mixed rubber decreased by 30%.

    Market quotation: Shanghai market 19-year state-owned full latex reported 12950 (+200) yuan / ton, Vietnam 3L reported 12750 (+100) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1720 (+25) US dollars / ton, Qingdao market STR20 October cargo reported 1710 (+25) US dollars / ton
    .
    Qingdao area RMB Thai mix 12200 (+50) yuan / ton, RMB horse mix 12200 (+50) yuan / ton
    .
    Hainan state-owned glue into the whole dairy plant 12000 (+600) yuan / ton, into the concentrated dairy plant 12300 (+200) yuan / ton
    .
    The purchase price of glue of dry rubber factory in Yunnan production area is referred to 11.
    4-11.
    9 (+0.
    1/+0.
    2) yuan/kg, and the purchase price of glue of concentrated dairy plant is referred to 11.
    7-11.
    9 (0.
    3/+0.
    1) yuan/kg
    .
    Thailand Hat Yai raw material market field glue 47 (+0.
    5) baht/kg; Cup glue 44.
    7 (+0.
    6) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China market price 12100 (+0) yuan / ton; The market price of cis-butadiene rubber is 12900 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 199760 tons, - 260 tons; NR warehouse receipts 24,990 tons, - 81 tons
    .

    Main positions: RU2201 top 20 long positions 73374, - 1347; short positions 113435, -2836; long and short minus, net space reduction
    .

    Summary: The recent decrease in rainfall in the main producing areas has weakened the overall impact on the rubber tapping work
    .
    The price of raw material glue into the concentrated milk plant in the Hainan production area has risen again into the price of the full latex plant, and the diversion of raw materials to the concentrated milk plant has increased
    .
    Recently, the inventory in Qingdao has maintained a high consumption speed, but the alternative indicators in the Yunnan production area have entered rapidly, and a large number of them have entered the social warehouse, and the inventory changes
    are paid attention to in the later stage.
    On the demand side, tire starts fell slightly last week, affected by factors such as limited electricity, short-term overall starts remained at a low level, the National Day holiday was approaching, and some factories had holiday plans
    .
    On the market, the RU2201 contract reduced its position and closed higher, focusing on the pressure
    around 14000 in the short term.

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