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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber futures prices closed down and the market focused on support around 14560

    Shanghai rubber futures prices closed down and the market focused on support around 14560

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai rubber RU2201 contract increased its position, and the futures price closed lower
    .
    The current price closed at 14625, -1.
    15% from the previous trading day; Traded 356553 lots, position 196027 lots, +6255, standard basis -1325; Non-standard basis -2175; RU9-1 spread -1135
    .
    NR2110 contract futures closed at 11360, -0.
    53% from the previous session; Volume 11208 lots, position volume 19509 lots, +1; NR09-10 spread -185
    .

    Shanghai rubber

    News: 1.
    In June 2021, Malaysia's production of Tianjiao continued to increase
    year-on-month.
    2.
    In the first 7 months of 2021, Indonesia's exports of tianjiao increased by 10.
    5% year-on-year, while mixed rubber fell
    sharply.
    3.
    China Association of Automobile Manufacturers: July automobile production and sales decreased by 15.
    5% and 11.
    9%
    y/y, respectively.

    Market quotation: Shanghai market 19 years state-owned full latex reported 13300 (-50) yuan / ton, Vietnam 3L reported 12900 (-100) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1770 (-10) US dollars / ton, Qingdao market STR20 September cargo reported 1755 (-10) US dollars / ton
    .
    Qingdao area RMB Thai mix 12450 (-50) yuan / ton, RMB horse mix 12400 (-50) yuan / ton
    .
    Hainan state-owned glue into the whole dairy plant 12800 (+0) yuan / ton, into the concentrated milk plant 12800 (+0) yuan / ton
    .
    The purchase price of glue from dry rubber factory in Yunnan production area refers to 12.
    3-12.
    7 (0/0) yuan/kg, and the purchase price of glue in concentrated latex plant refers to 12.
    6-12.
    7 (0/0) yuan/kg
    .
    On August 12, Queen Sirikit's birthday and Mother's Day, the Thai Hat Yai Raw Material Market is closed
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 13200 (+0) yuan / ton; The market price of cis-butadiene rubber is 13900 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 181570 tons, + 260 tons; NR warehouse receipts 37,589 tons, - 766 tons
    .
    Main positions: RU2201 top 20 long positions 88822, + 1742; short positions 130105, + 5026; long and short increase, net short increase
    .

    Summary: The recent rainfall in the main producing areas is expected to increase, or have an impact on the rubber tapping work, the epidemic situation in the major rubber-producing countries in Southeast Asia is grim, and the impact
    on the supply side is concerned in the later stage.
    In terms of inventory, the recent inventory of light-colored rubber increased slightly month-on-month, mainly due to the rapid increase in 3L arrivals in Vietnam, but the inventory of dark-colored rubber continued to decline
    month-on-month.
    On the demand side, the operating rate of domestic tire factories rose month-on-month last week, and the start of early maintenance manufacturers gradually increased, which supported the overall operating rate, coupled with the spread of the overseas epidemic caused factory closures, the volume of export orders was positive, but transportation problems still have resistance
    to shipments.
    On the market, the RU2201 contract increased its position and closed lower, and the market focused on support
    around 14560.

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