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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber futures price closed down, short-term recommendation to be short idea operation

    Shanghai rubber futures price closed down, short-term recommendation to be short idea operation

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Market situation: Shanghai rubber reduced position, RU1905 reduced position increment, futures price closed down
    .
    The day closed at 11335, -1.
    65% from the previous session; 266876 volume; Position 244442, -6284, basis -185, +175; Ru5-September spread -305, -20
    .

    Shanghai rubber

    News: In January and February, Thailand's natural rubber exports fell by 6% year-on-year, and mixed rubber exports increased by 35.
    6%
    year-on-year.
    2.
    China imported 107,000 tons
    of natural rubber in February.
    3.
    Linglong Tire officially launched the Serbian plant project
    .

    Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market was 11150 (0) yuan / ton; Vietnam 3L quotation 11300 (+50) yuan / ton; Thailand No.
    3 tobacco tablets 12900 (-100) yuan/ton; Yunnan 18 years full latex 11600 (0) yuan / ton
    .
    Thai Hat Yai raw material market raw film 49.
    7 (+0.
    15) baht/kg; Tai San tobacco tablets 54.
    1 (0) baht/kg; Field glue 51 (-0.
    5) baht/kg; Cup glue 40 (0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11300 (0) yuan / ton; The market price of cis-butadiene rubber is 11400 (0) yuan / ton
    .

    Warehouse receipt inventory: warehouse receipt 421420 tons, -100 tons
    .
    Main positions: the top 20 long positions 57122, -2612; short positions 83144, -2292
    .
    Long and short are reduced at the same time, and headroom is increased
    .

    At present, Yunnan production area is sporadically cut, the supply is still not on the volume, India, Malaysia and Thailand rubber export tonnage plan is about to be implemented, but the actual effect is limited
    .
    Recently, the operation of domestic tire factories is generally good, and from the export data, exports fell significantly
    in the first two months of this year.
    Although China's rubber imports have recently declined year-on-year, from the perspective of inventory, exchange inventory and inventory outside the bonded zone have continued to increase, and the supply pressure is still obvious
    .
    Technically, the RU1905 contract reduced its position and fell, and the short-term recommendation was short-term to operate
    with a short idea.

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