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On Thursday, the Shanghai rubber RU2109 contract increased its position, and the futures price closed lower
.
The current price closed at 12800, -1.
92% from the previous trading day; Deals 431487, open position 286449 lots, +10767, basis -350; RU9-1 spread -1150
.
The NR2108 contract futures closed at 10460, -2.
56% from the previous session; The volume was 17162 lots, the position volume was 30843 lots, +1154; NR07-08 spread was -145
.
News: 1.
Côte d'Ivoire plans to double rubber production by 2025
.
2.
Northeast India will gradually increase rubber planting
by 200,000 hectares.
3.
The United States lists Thailand as a high-risk country
.
Market quotation: Shanghai market 19 years state-owned full latex reported 12450 (-150) yuan / ton, Vietnam 3L reported 12400 (-150) yuan / ton, Thailand No.
3 tobacco film reported 19150 (-100) yuan / ton
.
Qingdao market STR20 warehouse spot reported 1690 (+0) US dollars / ton, Qingdao market STR20 July cargo reported 1695 (+0) US dollars / ton
.
Hainan state-owned glue into the whole dairy plant 12200 (+0) yuan / ton, into the concentrated milk plant 12500 (+0) yuan / ton
.
The purchase price of glue from dry rubber plant in Yunnan production area refers to 12.
0-12.
3 (-0.
1/-0.
2) yuan/kg, and the purchase price of glue in concentrated latex plant refers to 12.
3/12.
5 (-0.
2/-0.
3) yuan/kg
.
Thailand Hat Yai raw material market field glue 52 (+0) baht/kg; Cup glue 44.
8 (+0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 11900 (+0) yuan / ton; The market price of cis-butadiene rubber is 11500 (+0) yuan / ton
.
Warehouse receipt inventory: RU warehouse receipt 175740 tons, - 10 tons; NR warehouse receipt 57,789 tons, - 100 tons
.
Main positions: RU2109 Top 20 Long Positions 129576, +6532; Short Positions 180500, +5634;
Summary: At present, the main producing areas at home and abroad have been cut one after another, and the raw materials in southern Thailand are constantly increasing, and Vietnam is about
90%.
The raw materials in Hainan production area continue to increase, and the price difference between glue into the concentrated dairy plant and the full latex plant is small, which is conducive to the volume of full latex; The amount of self-produced raw materials in Yunnan production area has steadily increased, but the supply of raw materials is not loose, and the phenomenon of raw material competition between processing plants still exists
.
In terms of inventory, as of June 6, China's natural rubber social inventory decreased by 2.
13% week-on-week and 18.
56% year-on-year, and the outbound warehouse of Qingdao general trade warehouse increased slightly month-on-month, and the digestion rate of Laoquan latex was still slow
.
On the demand side, manufacturers that stopped production due to thermal power plant maintenance and environmental protection factors in the early stage and factories that stopped work due to line maintenance have resumed work one after another, and the operating rate of tire factories rebounded
last week.
As the temperature rises, the replacement demand for all-steel tires may be expected to increase, but the peak period of summer electricity consumption is coming, and the factory may have a staggered peak production phenomenon, and the later start or maintain relatively stable operation
.
On the market, the RU2109 contract fell below the previous support, and the short-term or continuation of the weak trend
.