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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber futures prices closed slightly higher in the short term or into shock

    Shanghai rubber futures prices closed slightly higher in the short term or into shock

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Market situation: Shanghai rubber fell into shock, RU1905 reduced its position and contracted, and the futures price closed slightly higher
    .
    The day closed at 12165, +0.
    16% from the previous session; 250928 volume; Position 289284, -816, basis -415, +110; Ru5-September spread -245, -10
    .

    Shanghai rubber

    News: 1.
    Malaysia's natural rubber production in January increased by 36%.

    2.
    In the first two months, Vietnam's tianjiao exports increased by 22.
    4%.

    3.
    Japan's natural rubber imports in January increased
    sharply year-on-month.

    Market quotation: the quotation of state-owned whole milk (Yunxiang) in the Shanghai market for 17 years is 11750 (+150) yuan / ton; Vietnam's 3L quotation is 11600 (+150) yuan / ton; Thailand No.
    3 tobacco tablets 13350 (+100) yuan/ton; Yunnan 18 years full latex 11950 (+0) yuan / ton
    .
    Thai Hat Yai raw material market raw film 48.
    02 (+0.
    25) baht/kg; Tai San Tobacco Tablets 51.
    5 (0) baht/kg; field glue 50.
    5 (+0.
    25) baht/kg; Cup gum 40.
    5 (+0.
    5) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11700 (0) yuan / ton; The market price of cis-butadiene rubber is 11900 (0) yuan / ton
    .

    Warehouse receipt inventory: warehouse receipt 423800 tons, +190
    .
    Main positions: the top 20 long positions 71972, -359; short positions 97020, -590
    .
    The shorts reduced their holdings by a large margin, and the headroom was reduced
    .

    At present, the global natural rubber producing areas have entered a low production period, and the rubber export tonnage of India, Malaysia and Thailand three countries plan to boost the Shanghai rubber market, but the actual effect is limited
    .
    Recently, the domestic tire factory operation is generally good
    .
    Although China's rubber imports continued to decline year-on-year in February, from the perspective of inventory, exchange inventory and inventory outside the bonded zone continued to increase, and the supply pressure was still obvious
    .
    Technically, the RU1905 contract focuses on the support of futures prices around 12000 below, short-term or volatile, it is recommended to trade
    in the 12000-12500 range.

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