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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber contracts rebounded downwards and futures prices fluctuated to close higher

    Shanghai rubber contracts rebounded downwards and futures prices fluctuated to close higher

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai rubber RU2201 contract rebounded, and the futures price closed higher
    .
    The current day price closed at 14850, +1.
    75% from the previous trading day; Traded 469313 lots, position volume 177565 lots, +3558, standard basis -1150; Non-standard basis -2000; RU1-5 spread -160
    .
    The NR2201 contract futures closed at 11780, +2.
    3% from the previous session; The volume is 31558 lots, the position is 22963 lots, -5814; NR12-1 spread is -65
    .

    Shanghai rubber

    News: 1.
    ANRPC: Global production of tianjiao in 2021 is expected to increase by 1.
    4% to 13.
    79 million tons
    .
    2.
    The epidemic situation in Pattani, Thailand, is severe, and prevention and control have been upgraded
    .
    3.
    India's rubber production is expected to decrease sharply from October to November, and rubber tapping is hindered
    due to heavy rainfall.

    Market quotation: Shanghai market 19 years state-owned full latex reported 13700 (-100) yuan / ton, Vietnam 3L reported 13200 (-50) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1780 (-30) US dollars / ton, Qingdao market STR20 November cargo reported 1760 (-30) US dollars / ton
    .
    Qingdao area RMB Thai mix 12850 (+200) yuan / ton, RMB horse mix 12800 (+250) yuan / ton
    .
    Hainan state-owned glue into the whole dairy plant 12500 (+200) yuan / ton, into the concentrated dairy plant 13000 (+100) yuan / ton
    .
    The purchase price of glue in dry rubber factory in Yunnan production area refers to 12-12.
    8 (0/0) yuan/kg, and the purchase price of glue in concentrated dairy plant refers to 12.
    6-13.
    2 (0/0) yuan/kg
    .
    Field glue in Hat Yai raw material market in Thailand 53.
    5 (+0) baht/kg; Cup glue 47.
    3 (-0.
    2) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 14300 (+0) yuan / ton; The market price of cis-butadiene rubber is 14700 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 212420 tons, +340 tons; NR warehouse receipt 28103 tons, +0 tons
    .
    Main positions: RU2201 top 20 long positions 80008, +2106; short positions 115385, +1521; long and short increased, net short decreased
    .

    Summary: The recent rainfall in the main producing areas is expected to decrease, the impact on the rubber tapping work will be weakened, this month's natural rubber arrival is less than expected, natural rubber imports may be difficult to increase significantly, but due to the relatively concentrated natural rubber imports in the middle and late months and poor downstream procurement, it is expected that Qingdao destocking slows down
    .
    Last week, the operating rate of domestic tire factories fell month-on-month and remained at a low level
    .
    Affected by environmental protection, some factories have stopped production and maintenance, and some factories have limited or stopped production due to factors such as limited electricity
    .
    However, last week's sharp decline in the price of tianjiao stimulated downstream replenishment enthusiasm, driving demand for natural rubber
    .
    On the market, the RU2201 contract rebounded downward, and the short-term concern was whether the futures price could effectively break through the 14800 line
    .

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