echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber fell sharply, and it is recommended to operate with a short idea

    Shanghai rubber fell sharply, and it is recommended to operate with a short idea

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Thursday, the main 1801 contract of Shanghai rubber fell
    sharply.
    The price closed at 14515 yuan / ton, down 3.
    07%, 6828 lots were added, and 947200 lots
    were traded.

    Shanghai rubber

    In terms of spot: the 15-year quotation of state-owned whole milk in the Shanghai market is 12350 (-100) yuan / ton; Vietnam's 3L quotation is 13000 (-100) yuan / ton; 15 years Thailand No.
    3 tobacco tablets 14850 (-100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 51.
    78 (-0.
    1) baht/kg; Tai San tobacco tablets 53.
    88 (+0.
    1) baht/kg; Field glue 50 (-0.
    5) baht/kg; Cup glue 43.
    5 (0) baht/kg
    .

    Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 13000 (-400) yuan / ton; The market price of cis-butadiene rubber is 13600 (-100) yuan / ton
    .

    News: 1.
    As of September 19, rubber stocks in Qingdao Free Trade Zone fell by about 8%.

    2.
    The price of double-money tires will be increased by 6%.

    Summary of views: From the perspective of inventory, the recent continuous decline in rubber inventory in Qingdao Free Trade Zone provides support, while the sales data of domestic heavy trucks in August increased sharply year-on-year, indicating that downstream demand performed better
    .
    However, from the downstream situation, the operating rate of domestic all-steel tires and semi-steel tires fell year-on-year last week, and environmental protection inspections made it difficult for the factory operating rate to increase
    significantly.
    Shanghai rubber 1801 contract short-term recommended short idea operation
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.