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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber futures prices closed slightly higher, and the market paid attention to the upward pressure after the market

    Shanghai rubber futures prices closed slightly higher, and the market paid attention to the upward pressure after the market

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai rubber RU2109 contract reduced its position and contracted, and the futures price closed slightly higher
    .
    The current price closed at 13910, +0.
    87% from the previous trading day; Volume 348978 lots, position volume 223005 lots, -6047, basis -710; RU5-9 spread -260
    .
    The NR2106 contract futures closed at 11010, +0.
    64% from the previous session; The trading volume is 15414 lots, the position is 30411 lots, -153; NR06-07 spread is -100
    .

    Shanghai rubber

    News: 1.
    In the first quarter of 2021, sales in the European replacement tire market increased by 12.
    3%.

    2.
    Passenger car sales in the EU in the first quarter increased by 3.
    2%
    y/y.
    3.
    Vietnam's exports of tianjiao and mixed rubber in the first quarter increased
    year-on-year.

    Market quotation: Shanghai market 19 years state-owned full latex reported 13200 (+50) yuan / ton, Vietnam 3L reported 12900 (+50) yuan / ton, Thailand No.
    3 tobacco film reported 19600 (+50) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1690 (+20) US dollars / ton, Qingdao market STR20 April cargo reported 1680 (+20) US dollars / ton
    .
    Hainan state-owned glue into the whole dairy plant 11700 (+200) yuan / ton, into the concentrated dairy plant 14200 (-500) yuan / ton
    .
    The price of glue in Mengla area of Yunnan refers to 12.
    3-12.
    6 yuan / kg
    .
    Field glue in Hat Yai raw material market in Thailand 57.
    5 (+0) baht/kg; Cup gum 42.
    7 (+0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 13900 (+0) yuan / ton; The market price of cis-butadiene rubber is 12500 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 174120 tons, +0 tons; NR warehouse receipt 55,893 tons, +0 tons
    .
    Main positions: RU2109 top 20 long positions 98070, -2272; short positions 140538, -3302; long and short reduction, net space reduction
    .

    Summary: On the supply side, northern Thailand has entered the cutting period, and the recent rainfall in the main production areas of the world is slightly more, which is conducive to the growth of
    rubber trees.
    Affected by powdery mildew in Banna area of Yunnan Province, the overall cutting rate is not high, and it is expected that the output will gradually increase in late April; The Hainan production area is expected to be fully cut in late April, and the volume will increase sharply in May, due to the weakening of concentrated milk demand, the price of Hainan state-owned glue into the concentrated dairy plant continued to fall, while the price of glue into the whole dairy plant was higher, and the price difference between the two narrowed
    .
    Downstream, factory export market shipments slowed down, domestic sales were slightly weak, manufacturers' finished product inventories increased, and tire operating rates may decline slightly
    .
    On the market, the RU2109 contract fluctuated slightly, and the market focused on the pressure
    around 14200.

     

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